Boxed Beef Rollercoaster: A Strong Start, Sharp Peak, and Full Circle Back
Choice Boxed Beef prices started the year at $323.48/cwt on January 2nd, steadily climbing through mid-January...
Rob Cook, RobCookKC@gmail.com
Boxed Beef Rollercoaster: A Strong Start, Sharp Peak, and Full Circle Back
Choice Boxed Beef prices started the year at $323.48/cwt on January 2nd, steadily climbing through mid-January. The market peaked at $334.14/cwt on January 15th, marking an increase of $10.66/cwt from the start of the year. Following this high, prices fluctuated but trended lower, with a final reading of $323.50/cwt on February 10th, just $0.02 higher than where it began. This movement highlights a short-term rally in early January before prices retraced back to their initial levels. Cattle Barometer Rating: 50 – Neutral
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