Fed cattle on the negotiated market traded at $191-$192 per hundredweight in the South last week, steady to $1 higher. In the North, cattle traded at $193-$195 per hundredweight live and $300-$305 dressed, $3 to $5 higher and $3 to $8 higher, respectively.
The slaughter estimate last week was at 609,000 head, 5,000 head lower than the week prior and 38,000 below last year.
Boxed beef prices are varying greatly day-to-day on account of spot market fill-in orders where end users tend to pay up – a regular feature of the busy holiday season.
December 17, 2024
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