lowering the prices they pay through formula contracts and depressing prices paid to Missouri cattle farmers. Importing ...
The CME Feeder Cattle Index was up 12 cents at $249.49 on October 28. USDA wholesale Boxed Beef prices were lower in the Tuesday afternoon report. Choice boxes were down $2.89 to $320.61/cwt ...
Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures turned higher on Tuesday, as wholesale prices firmed and the slaughter pace temporarily shrank as some plants shuttered over the ...
CME December lean hog futures hit a contract high of 84.675 cents per pound before settling down 0.575 cents at 83.8 cents per pound. December live cattle ended down 0.125 cents at 186.3 cents per ...
Select boxed beef prices dropped $0.64 to $289.32 per cwt. Once choice boxed beef gets to around $323.00 per hundredweight, said Schroeder, high prices threaten to reduce demand from retailers.
It’s just if you’re looking for a side of beef right now,” Geiss explained. If you were hoping for the price of meat to start going down sometime soon, do not hold your breath.
Still, it was weakness in wholesale beef prices that weighed heavily on the cattle market, eroding gains from the previous day’s rally. Choice boxed beef prices declined by $2.02 to $309.95 per ...
Select boxed beef prices dropped $3.95 to $285.37 per cwt. Though traders have warned that U.S. consumers may pare back purchases of beef due to high prices, economic data has showed strong ...
The choice boxed beef cutout fell $1.84 to $317.60 per hundredweight, the USDA reported Thursday afternoon. Select boxed beef prices dropped $3.95 to $285.37 per cwt. Though traders have warned that U ...