Agricultural News
Choice Boxed Beef prices and finish cattle trade continue to decline for week ending July 20, 2012 - Audio with Ed Czerwien, USDA Market News Office, Amarillo, Texas
Mon, 23 Jul 2012 12:36:38 CDT
In this week's beef report with according to Ed Czerwien, USDA Market News Office in Amarillo, Texas, we saw the choice cut market end the week July 20, drop $4.63 to $179.31. The total boxed beef volume for last week was 7,331 loads.
The general trend in the finished cattle trade was $2.00 to $4.00 lower in most cases with the average price in the South at $113 cwt. There were some live sales in Nebraska at $112 to $113 cwt. Dressed sales were also $2.00 to $4.00 lower in Nebraska selling mostly at $179 cwt. Larger than normal runs are appearing in most areas because of drought and diminishing grazing conditions.
The harvest weights continue to increase in most areas by the average of three pounds.
You can hear Czerwien's complete weekly report by clicking on the listening bar below.
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