date:Mar 31, 2014
Fed cattle prices set new record highs this week. Through Thursday, the 5-area average price for slaughter steers sold on a live weight basis was $152.26/cwt, up $2.16 from a week ago, up $24.50 from a year ago, and up $1.60 from the last week of February which was the old record holder. Steer sales on a dressed basis averaged $243.48/cwt this week, up $3.37 from a week ago and up $40.40 from year ago.
This morning, the boxed beef cutout value for choice carcasses was $236.43/cwt, down $4.40 fr