ANALYSIS: The Price of Heavy Cutter Cows Increases for the Eighth Straight Week
The price of a cutter cow over 500 lbs continued its eight-week streak of increases, currently sitting at $2.38/lb. At the start of 2024 prices hovered around $1.85/lb marking a year-on-year increase of 28.65%. This uptick comes as cow slaughter levels began to decline in the second half of 2023, possibly signaling a retention period like the last one seen in 2016.
Within the past couple weeks, winter weather has been a...
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