Choice Boxed Beef prices rose slightly while the finish cattle trade was higher for week ending August 3, 2012 - Audio with Ed Czerwien, USDA Market News Office, Amarillo, TexasMon, 06 Aug 2012 11:58:57 CDT
In this week's beef report with Ed Czerwien, USDA Market News Office in Amarillo, Texas, we saw the choice cut market end the week of August 3, 2012, rose a little over a dollar to $178.14 last Friday. The volume continues to be a little over a thousand loads a week. The total boxed beef volume for all cuts, trims and grinds was 7,323 loads, a slight increase from the previous week.
The general trend in the finished cattle trade was $3.00 to $5.00 higher last week. Most of the live business was at the $118 cwt mark with dressed sales in the North at $184 to $185 cwt.
The harvest weights have begun to plateau with the influence of high grain prices and hot temperatures show impact on the weight gains.
You can hear Czerwien’s complete weekly report by clicking on the listening bar below.
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