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Cattle Outlook: Fed cattle prices lower this week

The stock market has had a wild couple of weeks. In the six days ending on Tuesday August 25, the Dow Jones Industrial Average declined by 1,878 points (10.7%). On Wednesday and Thursday it gained back 988 points (6.3%). The turmoil is mostly related to concerns about the Chinese economy.

Markets

Boxed Beef Report: Beef falls to end the week

Choice boxed beef fell $1.19 to hit $243.63 on Friday, bringing the 27-day average price to $239.45. Select boxed beef also saw a slight decline from $233.53 on Thursday to $232.83 on Friday. The 70-cent fall brought the 27-day average price to $232.13.

Choice primal chuck saw the largest fall of $3.09 on Friday to hit $199.03, while choice primal rib fell $2.50. Choice primal loin on the other hand saw an increase of $1.03 to hit $339.33.

Markets

U.S. gasoline and diesel fuel prices decrease

The U.S. average retail price for regular gasoline decreased eight cents from the previous week to $2.64 per gallon on August 24, 2015, down 82 cents from the same time last year.

Markets

LRP insurance performance 2005-2014

Livestock producers have many of the same risk management insurance needs as crop producers.

Markets

Morning Farm Report: Feeder cattle prices plummet

Live cattle prices saw an increase after a steady fall this week, jumping from $142.43 on Wednesday to $144.65 on Thursday. The 2.22 increase brought the 27-day average price to $146.38. 

Lean hogs saw a very small increase of only five cents, hitting $67.05.

Corn jumped two cents, while wheat dropped from $4.90 on Wednesday to $4.84 on Thursday.

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