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A taste for quality

With high beef prices come high expectations for a quality eating experience. In today’s market, it’s increasingly important for consumers to relate the Angus breed and Certified Angus Beef® (CAB®) brand with a superior tasting product.

Markets

Retail diesel prices continue to fall

Retail diesel prices continued to fall this week, seeing an average decrease in the US of five cents to hit $2.51. The 27-week average is now at $2.80.

The New England region saw the largest fall of seven cents to $2.67, bringing the 27-week average price to $3.05. Despite the large fall, the region does not have the lowest diesel prices-- the Gulf Coast currently holds that position at $2.38. The Rocky Mountain region saw the smallest drop of only three cents. 

Markets

Morning Farm Report: Lean hog prices up over weekend

Live cattle prices dropped over the weekend from $146.53 on Friday to $143.20 on Monday, a $3.33 fall that brought the 27-day average price to $146.45. Feeder cattle also dropped 57 cents to $201.83. The 27-day average price now rests at $211.44.

Lean hog prices saw an increase over the weekend from $66.43 on Friday to $68.03 on Monday. The $1.60 increase brought the 27-day average price to $73.02.

Corn prices increased one cent over the weekend, while wheat jumped six cents to hit $4.83.

Markets

Boxed Beef Report: Beef prices drop

Choice boxed beef prices dropped over the weekend from $243.63 on Friday to $242.42 on Monday. The $1.21 fall brought the 27-day average price to $239.78. Select boxed beef also saw a 28-cent drop to hit $232.55, bringing the 27-day average price to $232.28.

Choice primal rib fell the most over the weekend from $350.76 to $346.74, a $4.03 fall that brought the 27-day average price to $336,23. Choice primal loin also fell $2.80. Chioce primal chuck and choice primal brisket were the only two cuts to not fall, jumping $1.67 and 56 cents, respectively.

Industry

Tick bite causes red meat allergy

A simple tick bite may be causing life-threatening allergies to beef and pork. One Missouri man found himself suffering anaphylaxis after eating a hot roast beef sandwich, reports Meryl Lin McKean for Fox4 Kansas City.

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