US Beef Prices
LIVESTOCK AM OUTLOOK
Kansas and Texas, Oklahoma and New Mexico open up the gates and started selling cattle from $134.00 to $137.00 Kansas moved a total of 12,652 head, a fair amount for Tuesday. A handful of cattle sold in Iowa, Minnesota and Nebraska.
The US is a net importer of beef primarily used for frozen, canned, processed foods and the fast food industry. Beef imported to the US does not compete with US beef prices.
Hams have been consistently dropping in price. Tuesday the 5 day average price was down to $54.16 and the daily price was $43.87. Loins also were down with the 5 day average price at $82.01 and the daily price at $81.59. Ribs were only primal pork cut up and it was up just 84 cents.
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