Wholesale beef prices remained unseasonably high, adding to bullish sentiment. The USDA priced choice cuts of beef on Wednesday afternoon at $334.14 per cwt, up $1.16 from Tuesday and the highest ...
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Meanwhile, beef packers saw losses improve $14 per head to a gain of $10 per head. That puts the packer/feeder margin spread at $28 per head in favor of the feeder. Cash cattle averaged $184.03 per ...
“The gains were limited … but I think a more optimistic tone is being struck in the cattle market,” he said. Wholesale beef prices continued their recent surge on Wednesday, with the choice boxed beef ...
That chorus grew loud enough to catch the attention of influential farm-state lawmakers. The disparity between wholesale beef prices and live cattle prices hurts both cattle producers and consumers, ...