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Agricultural News

For the Week Ending March 9, Boxed Beef Prices Drop Substantially and Finished Cattle End Three Dollars Lower.- Audio with Ed Czerwien, USDA Market News Office, Amarillo, Texas

Mon, 12 Mar 2012 12:52:18 CDT

   
In this week's beef report, according to Ed Czerwien, USDA Market News Office in Amarillo, Texas, we saw the choice cut market drop substantially last week by $4.25 from the previous week, ending the week on March 9 at $193.84 cwt. The choice-select spread ended the week last Friday at less than one dollar. Just a note on that choice-select spread, this morning we were upside down with select up .38 over choice.

The finished cattle trade for the week ending March 9, we saw lower money in the cash market. Most sales were at the $127 cwt mark, a full $3.00 lower than the previous week. We did see $127 in Kansas for the week and $126 to $127 in the Texas-Oklahoma area with dressed deals in the North going for $201 to $202 cwt.   The average live weight of finished cattle in the Texas Panhandle last week was 1,232 pounds, which was down six pounds from the previous week.


You can hear Czerwien's complete weekly report by clicking on the listening bar below.



   

Ed Czerwien, USDA Market News Office in Amarillo, Texas right-click to download mp3

 

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