News

Midday cash livestock markets in the US

Frozen Bone-In Beef
Other Frozen Pork Cuts
Meat
United States
Market & Price Trends
Published Feb 21, 2024

Tridge summary

The cash cattle market began quietly on Monday with no established bids or asking prices, with trade volume expected to increase by Wednesday. Last week's Northern dressed deals were mostly $287 to $288, while Southern live deals were at $180. Boxed beef cutout values were mixed, with Choice decreasing by $.21 to $296.88 and Select increasing by $2.76 to $290.16. Feeder prices in Missouri were mostly steady to $5 higher. Cash hogs remained steady with light opening sales. Pork values were steady to lower at midday, with hams, ribs, and butts higher, while picnics, loins, and bellies were lower.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Cash cattle country is off to a quiet start on Monday. Bids and asking prices have yet to be established. Significant trade volume will likely be delayed until Wednesday or later. Last week, Northern dressed deals were marked at mostly $287 to $288, steady to $1 below the previous week’s business. Southern live deals were at mostly $180, $2 lower than the prior week’s weighted averages. Boxed beef cutout values were mixed at midday with Choice down $.21 at $296.88 and Select $2.76 higher at $290.16. The Choice/Select spread was $6.72. According to the Missouri Weekly Cattle Auction Summary, feeder were mostly steady to $5 higher across the state last week. There were some instances sharply higher and even some spots mid-to-late week in which some lower prices made an appearance for the first time in several weeks. The supply of feeders continues to be heavy in Missouri, even with a couple of short-lived snows falling in different parts of the state, according to USDA. Statewide, ...
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