date:Mar 31, 2014
om the previous Friday, but up $47.53 from a year ago. The select carcass cutout is $230.48/cwt, down $4.47 from last week and up $41.66 from last year.
At the end of February, there were 407.1 million pounds of beef in cold storage. That was down 5.2% from the month before, down 16.9% compared to a year ago, and the smallest stocks of frozen beef since the last day of September 2010. Given the record high beef prices in recent weeks, pulling down stocks makes since.
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