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In contrast to fed beef production, nonfed beef production is sharply lower this year, down 12.8 percent year over year.
CME December lean hog futures dropped 2.1 cents to finish at 81.125 cents per pound. The U.S. Department of Agriculture quoted the wholesale pork carcass cutout at $101.43 per hundredweight (cwt), ...
Chicago | Reuters—Chicago Mercantile Exchange (CME) live and feeder cattle futures fell on Thursday on a decline in boxed beef prices, which have slumped leading up to the U.S. Labor Day holiday, ...
lowering the prices they pay through formula contracts and depressing prices paid to Missouri cattle farmers. Importing ...
while the price of boxed beef has significantly increased, raising consumer prices at the grocery store. Concurrently, the major packing companies realized significant profits, while both U.S ...
Chicago | Reuters—Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on Tuesday as soaring boxed beef prices fueled hopes for increased demand, analysts said. The choice boxed ...