Trey G. Freeman, Commodity Futures Broker/Livestock Agent, Ever.Ag
Cash traded steady in the South last week at $187-188 per hundredweight and $2 lower in the North at $196 and $310 dressed. Seasonally, the spread between the North and the South should begin to narrow as calf-feds enter the market in the North.
Boxed beef prices continued their seasonal roll-over this week, with choice finishing the week down $8.23 per hundredweight at $313.83. Primal rib and loins lead the way lower as consumers turn away from middle meats amid the summer heat.
July 23, 2024
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