Agricultural News
For the Week Ending March 2, Boxed Beef Prices Stall Out But Finished Cattle End Higher.
Mon, 05 Mar 2012 12:47:52 CST
According to Ed Czerwien, USDA Market News Office in Amarillo, Texas, last week choice boxed beef prices stalled out, ending steady to weak
for the week ending Friday, March 2, 2012. Choice ended at $198.07 cwt which was .50 to .75 lower than it traded for most of last week. The choice select spread ended the week at $4.27. The total movement was 7, 200 load of all cuts, trimmings and grinds.
The finished cattle trade saw record highs with most live cattle money at the $130 cwt mark, mostly $2.00 higher than the previous week. The Southern Plains all traded at $130, with the Northern live trade also at $130 with a few sales at $130.50. Dressed sales in the North came in at $205 to $206.
The average live weight of finished cattle from the Texas Panhandle was 1,238 pounds, which was up 6 pounds from the previous week.
You can hear Czerwien's complete weekly report by clicking on the listening bar below.
WebReadyTM Powered by WireReady® NSI
Top Agricultural News
More Headlines...
