Quality abounds, despite lighter carcass weights.
Extending the decline of Select grade beef into the future, the authors of a new report says Select may be reduced to 5% of beef supplies by 2025.
From a seller’s perspective, the fed-cattle trade continues to improve, with last week’s numbers making it the third straight week of higher prices since September 9th.
The Prime grade accounted for 5.6% of fed beef in 2016— impressive to industry historians, but not likely to keep most beef producers checking the Prime price point for hanging carcasses or boxed beef.
The share of Prime carcasses has more than doubled in the past 5 years, spelling greater availability and consequential wider usage among end users.
A recent study shows that using sires that are superior for Residual Average Daily Gain (RADG) and marbling did not compromise other important traits.
The fed cattle market is holding strong in late July within a narrow trading range.
There’s no question that carcass weights were significantly lower in January than they would have been given a more typical weather pattern for the month.