Cattle market update
-
William Secor, Ph.D. -The main story in 2023 has been tight beef supplies and strong beef demand creating a supportive environment for higher beef and cattle prices. The 2023 holiday season is proving to be no exception as popular holiday cuts, like beef rib, is well above prices last year and is moving higher seasonally.
Posted in: Beef Cattle Market -
Dr. William Secor -Grilling season has begun in earnest. Beef price data suggests beef demand is strong during this important sales period. Retail prices for the month of May jumped by three percent compared to last month, are five percent above last year, and well above the previous 5-year average. Recent weekly beef cutout values…
Posted in: Beef Cattle Market