Boxed beef prices were mixed Friday afternoon. The Choice cutout decreased $0.67 to $357.44, while the Select cutout increased $0.76 to $344.22. The Choice/Select spread narrowed to $13.22. Load count totaled 120, down from 151 on Thursday. Compared to last Friday, the Choice cutout is down $3.76. This marks the eighth decline in the past …
Tag: beef
Dec 12
U.S. Pork Exports Steady in September with Value Record for Mexico; Beef Exports Lowest Since Mid-2020
USDA has released red meat export data for September, which was delayed due to the recent government shutdown. As compiled by the U.S. Meat Export Federation (USMEF), September data showed a fairly steady performance for U.S. pork exports, matching year-ago value while down slightly in volume. But September beef exports were the lowest in more …
Dec 11
Compeer’s Megan Roberts Breaks Down the “Cost-Price Squeeze” in Ag Markets
Farmers are navigating one of the most uneven market years in recent memory, with soaring livestock prices on one side and tightening grain margins on the other. Maci Carter, Oklahoma Farm Report intern, spoke with Megan Roberts, principal quantitative and economic analyst with Compeer Financial, about the unusual dynamics shaping this year’s agricultural markets. Roberts …
Dec 05
Choice Boxed Beef Continues Slide- Off $1.52 to $361.20 on Friday
Boxed beef prices continued their slide on Friday, down for the fourth time in the last five days and the eighth time in the last nine. Since last Friday, the Choice cutout has declined by $5.62, while the Select cutout is down $10.28 since November 21. On Friday, Choice fell $1.52 to $361.20 and Select …
Dec 04
Choice Boxed Beef Drops $1.09 to $362.72 on Thursday
Boxed beef prices slipped for the third straight day on Thursday, with both Choice and Select cutouts moving lower. The Choice cutout fell $1.09 to $362.72, while Select dropped $2.80 to $350.32, narrowing the spread to $12.40. Movement was active, with 158 loads reported, up from 140 the previous day. Among the primal cuts, the …
Dec 02
Choice Boxed Beef Tumbles $4.17 to $364.72- Lowest Price Since Mid October
Boxed beef prices declined on Tuesday with the Choice cutout down $4.17 to $364.72 and the Select cutout down $7.10 to $350.78, marking the lowest levels since October 14. The Choice/Select spread widened to 13.94. This was the fifth decline in the last six sessions. Load count totaled 115. Primal values were mostly lower: Rib …
Dec 02
Ben Hale Reports Strong Market Despite Tight Runs and Chilly Conditions
On Tuesdays, Senior Farm and Ranch Broadcaster Ron Hays visits with Ben Hale of Western Livestock Auctions as he talks about the latest in the markets and more. Established in 1995, Western has grown into a multi-generational family-owned and operated business and stands as a symbol of tradition, excellence, and a deep-rooted passion for the …
Dec 02
Certified Angus Beef’s Latest Fiscal Year Sees Highest Prices Ever as Consumers Pay for Quality
In today’s beef buzz, senior farm and ranch broadcaster Ron Hays speaks with president of Certified Angus Beef, John Stika, who discussed the brand’s strong performance during the most recent fiscal year, which ended in September. He said the company wrapped up “our third best year in our 47-year history,” noting that results exceeded expectations. …
Dec 01
Choice Boxed Beef Starts December up $2.07
Boxed beef prices turned higher on Monday, December 1st, snapping a four-session losing streak. The Choice cutout rose $2.07 to $368.89/cwt, while Select jumped $6.83 to $357.88/cwt, tightening the spread to $11.01. Load count improved to 93, up from 82 on Friday. Primal values were mixed. The rib advanced to $642.00 from $637.12, and the …
Dec 01
Farm State of Mind: Bailey Corwine on Mental Health in Agriculture
Oklahoma Farm Reports’ Maci Carter spoke with Bailey Corwine of the American Farm Bureau Federation, who began by discussing mental health in farm communities and immediately identified what she believes is the biggest misconception. She states that “the biggest misconception is that reaching out is a sign of weakness,” noting that farmers often rely on …
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