Sep 16
Boxed beef fell again on Tuesday, extending its slide to nine straight sessions, down a combined $23.39 over that stretch. Choice cutout closed at $392.62, down $5.91 from Monday, while Select ended at $373.17, down $5.63. The Choice/Select spread narrowed slightly to $19.45 on 166 loads. Compared to Monday, primals were mostly weaker. Ribs eased …
Sep 15
Choice boxed beef closed at $398.53, down $1.51 from Friday, while Select finished at $378.80, up $0.36. The Choice/Select spread narrowed to $19.73 on 101 loads. This marks the eighth consecutive day of declines in Choice, with values sliding a total of $17.48 over that stretch. Looking at the primals compared to Friday, movement was …
Sep 15
RON’s Dave Lanning has a pre-opening look at today’s agricultural Markets. Click the audio tab below for today’s report.
Sep 13
On Friday- October live cattle closed $2.30 lower at $229.97, December live cattle closed $2.20 lower at $231.92 and February live cattle closed $2.02 lower at $233.22. It is important to note that the spot October contract did, unfortunately, close below the market’s 40-day moving average, which could mean that this coming week the market …
Sep 12
Boxed beef values slid again Friday, marking the seventh consecutive day of declines and the lowest level since August 15th. Over that stretch, the cutout has fallen $15.97. Choice cutouts dropped 75 cents to $400.05/cwt, while Select fell $1.61 to $378.44/cwt, with the choice/select spread now at $21.60. Total loads were lighter at 128, up …
