Posted on May 8, 2024
Source: Farm Progress. The original article is posted here.
James Mitchell, University of Arkansas
Cull cow values are trending higher in 2024. The first graph in this article shows weekly cull cow prices for 85-90% lean cows in the Southern Plains. This type of cull cow classification correlates to a cow with approximately a body condition score of 4.5-5.5, depending on dressing percentage. The most recent data shows cull cow prices reaching $1.22 per pound, a 73 percent increase compared to last year. In 2024, cull cow prices are averaging $1.03 per pound or 53 percent higher year over year.
Choice boxed beef was down $2 last week. Boxed beef prices have declined since reaching a high in late March. This is counter to typical seasonal trends.