CME December lean hog futures hit a contract high of 84.675 cents per pound before settling down 0.575 cents at 83.8 cents per pound. December live cattle ended down 0.125 cents at 186.3 cents per ...
A little more than a decade ago, McDonald’s, America’s largest single buyer of ground beef, noticed that beef prices were surging far ahead of inflation. Earlier this month, McDonald’s filed what may ...
“The present divide between live cattle and boxed beef prices is not the result of a consolidated industry, lack of competition or the cash markets. Industry consolidation has remained constant ...
USDA wholesale Boxed Beef prices were sharply lower in the Wednesday PM report. Choice boxes were down $3.72 to $298.17/cwt, with Select $3.59 lower @ $283.28. The Chc/Select spread tightened to ...
Drought, as well as high grain prices and interest rates, have contributed to record-high beef prices in recent years. Many, or all, of the products featured on this page are from our advertising ...
The CME Feeder Cattle Index was down 82 cents at $239.98 on September 2. USDA wholesale Boxed Beef prices were higher in the Tuesday afternoon report. Choice boxes were up $1.33 at $310.67 ...
while the price of boxed beef has significantly increased, raising consumer prices at the grocery store. Concurrently, the major packing companies realized significant profits, while both U.S ...
The CME Feeder Cattle Index was back down 46 cents week/week to $242.18. Wholesale boxed beef prices were back slightly higher on the week, as choice boxes were up 7 cents at $309.41, while Select ...