CattleFax reported beef prices are near record high, while consumer and wholesale beef demand are both at 30-year highs. CattleFax says while drought remains a significant concern right now in the ...
Chicago | Reuters — U.S. live cattle futures inched higher on Monday as rising wholesale beef prices buoyed the market in light-volume trade, analysts said. Chicago Mercantile Exchange December live ...
Live-basis cattle in Nebraska traded at $130 to $131, steady to up $3, they said. All-time high wholesale beef prices last Friday contributed to early-Monday futures advances, a trader said. But ...
After four weeks of solid gains, the wholesale beef prices lost steam last week. The Choice beef cutout value averaged $319.50 last week, a decrease of $2.83, and showed weakness to open this week.
Bull slaughter is also down 8.1 percent compared to last year. Tighter supplies of lean trimmings have kept processing beef prices higher this year and the demand for lean has increased demand for ...
The price of beef and veal grew 1.9% year over year but fell 1.1% month over month, the biggest monthly decline since June of 2022. A pound of 100% ground beef chuck cost $5.59 in October ...
Even ground beef, often considered the most affordable beef option, has seen a 15% price hike over the past year. These increases build upon multiple price hikes in recent years. With current trends, ...
These price increases build upon multiple price hikes in recent years. Given current trends, farmgate beef prices could continue climbing until mid-2025, breaking new records, which will prolong ...
These price increases build upon multiple price hikes in recent years. Given current trends, farmgate beef prices could continue climbing until mid-2025, breaking new records, which will prolong ...
Whatever we learn about inflation this week, one thing we do know is that beef prices have been going up. Cattle futures rose almost 10% between the end of August and the end of October.
However, the lower wholesale prices may not be passed ... anticipating higher prices in the current quarter, Cham said. Data showed that half of the total meat import volume during the eight ...