Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

Boxed Beef Prices Continue Climbing

Mon, 28 Apr 2014 16:02:16 CDT

Boxed Beef Prices Continue Climbing
The USDA's Ed Czerwien reports from Amarillo, Texas:

The daily spot choice boxed beef cutout ended last week at $232.83 which was $6.48 higher than the previous week. There were 631 loads sold for the week in the daily boxed beef cutout, which was ten percent of the total volume and down almost 30 percent from the previous week.

The comprehensive or weekly average choice cutout which includes all types of sales was $228.14 which was $3.03 higher but volume took an extremely big drop.

The total reported boxed beef volume was 6,318 loads which was 1,032 loads lower than the previous week which was the largest volume drop in some time and almost 1,000 loads less than last year.

Exports were at 945 loads which was 268 loads more than last week and about 15 percent of total sales.   The overseas portion of the export volume really jumped and was over 800 loads by itself.   The formula trade was at 3,313 loads which was fully steady with only 11 loads less than the last week. It was about 52 percent of the total loads sold this week

The out-front sales really dropped and totalled 959 loads which was 633 loads less than the previous week. There were really no dominant sales and very few middle meats sold. The big items the last few weeks were round, chuck, and brisket products but even they did not have many out-front trades and the prices were very similar to the current formula prices.

In the spot trade for the primal cuts, the prices were higher for all primals. The outside primals, the rounds and chucks, were $5-$7 higher. The middle meats, the ribs and loins, were $7-$12 higher, reflecting increased demand for steak products for grilling.

The cow cutout was about 1.4 lower, influenced by the 3.0 decline in the 90-percent trimmings.


Ed Czerwien recaps last week's rise in boxed beef prices.
right-click to download mp3


WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. October 6, 2022  Thu, 06 Oct 2022 15:23:29 CDT
  • Economic Uncertainty Forcing Oklahoma Producers to Make Difficult Decisions  Thu, 06 Oct 2022 15:22:40 CDT
  • August Pork Exports Trend Higher; Beef Exports Again Top $1 Billion  Thu, 06 Oct 2022 14:54:11 CDT
  • October 6, 2022, Market Wrap-Up with Justin Lewis  Thu, 06 Oct 2022 14:27:26 CDT
  • U.S. Department of Agriculture Announces Andy Berke as Rural Utilities Service Administrator  Thu, 06 Oct 2022 14:21:43 CDT
  • Gross Receipts Set Landmark High  Thu, 06 Oct 2022 14:16:55 CDT
  • Oklahoma Drought Levels Rise in All Categories This Week, But Chance of Rain In Forecast   Thu, 06 Oct 2022 13:54:36 CDT
  • Fusionware Announces John Deere Integration to Optimize Farming Operations   Thu, 06 Oct 2022 12:40:47 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.


    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.