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

advertisements
   
   
   
   
   

Agricultural News


Box Beef Sales and Volume Return As Retailers Restock Shelves

Mon, 19 Jan 2015 17:24:44 CST

Box Beef Sales and Volume Return As Retailers Restock Shelves
On a regular basis, Ed Czerwein of the USDA Market News Office in Amarillo, Texas offers a review of the previous week's boxed beef trade. Here is the weekly boxed beef trade for week ending January 17. The daily spot Choice box beef cutout ended the week last Friday at $260.45 which was a 3.66 higher but it had been higher on Wednesday. There were only 707 loads sold for the week in the daily box beef cutout which was still supported post-holiday beef purchases but volume started to slip as prices increased. It was about 11 percent of the total volume. Click on the LISTEN BAR below to listen to Ed's comments about the weekly boxed beef trade.


The comprehensive or weekly average Choice cutout which includes all types of sales was $256.38 which was $6.70 higher. There were 6,325 total loads sold which was 314 loads lower than the previous week. Normally the first two weeks of the new year enjoy good numbers both in price and volume as retailers shift back to more beef items and restock shelves and this year definitely followed that scenario.


The formula sales were at 3,538 loads which was 112 loads higher than last week and about 56 percent of the total loads sold. Exports as reported on the weekly box beef report are predominately muscle cuts and they were at 652 loads which was almost exactly the same as the previous week. Sales to our North American Free Trade Agreement neighbors totaled 154 loads and 498 loads were shipped overseas.


The most recent out-front sales were at 906 loads which was only 23 loads lower than last week and still a decent number this time of the year.


The Cow Cutout was $2.08 higher and the 90 percent trimmings were $3.74 higher surpassing the $305 mark. The cow cutout was at $239.87 on Friday and the Select cutout was $250.84. The strong rally on the 90 percent trimmings is on the heels of low seasonal harvest numbers of slaughter cows during the holidays and the normal improvement of ground beef demand after the Christmas holiday season.



   

Listen to Ed Czerwein as he reports on the weekly wholesale boxed beef trade.
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Youth Expo Sale of Champions Sale Order Available Here- Sale Set for 4 PM Friday  Fri, 17 Mar 2023 04:50:54 CDT
  • Rural Voters Dominated Vote to Defeat Recreational Marijuana March 7th  Fri, 10 Mar 2023 07:13:05 CST
  • Ron Hays Talks to Israeli Ag Tour Guide Colin Lotzof About the Miraclel of Ag in Israel  Wed, 22 Feb 2023 22:11:04 CST
  • OALP Members Experience First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:51:49 CST
  • OALP Members Get First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:50:10 CST
  • Oklahoma Ag Leadership Program Sees Fruit, Beef and Dairy Production North of the Sea of Galilee in Israel  Mon, 20 Feb 2023 21:56:02 CST
  • Oklahoma Ag Leadership Program Sees Diverse Farm Operations in Jordan River Valley of Israel  Sun, 19 Feb 2023 21:17:30 CST
  • Israeli Tour Guide Mark Kedem Talks About The Cultural Aspects of What Class XX of OALP is Experiencing   Sat, 18 Feb 2023 22:17:23 CST

  • 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

    © 2008-2024 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.