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Beef Market
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Markwright
Posted 4/2/2012 02:37 (#2317403)
Subject: Beef Market


New Mexico
total tonnage is running slightly less than 011 due to less head numbers.
Granted avg harvest wt is running 1,308 lb. per vs 1,270 in 011.
Dressed is 792 vs 767 lbs.


602,000 cattle last week vs 640,000 last yr.
Beef prod 475 million lbs vs 489 last yr.

Total meat prod 922 million lbs vs 934 last yr. ie .4% less than week of 3/24/012 and 1.3% less than 011.

Hide and offal dwn a touch ie $13.13 cwt last week, 13.70 wk b4, 13.53 last yr.

usa retail avg beef price: $4.53 lb last week, 4.45 wk b4, $4.29 lb last month, 4.23 last yr.

SW appears to be real current and perhaps a lot less cattle now:
Sales were 93,000+ hd last yr's frame, vs 68,000 hd avg past 2 weeks.
SW harvest wts same as a yr ago say 1,226 lbs per.



thito
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