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ANALYSIS: US 90% Lean Heavy Cows Continue to Encounter YOY Gains
The latest USDA Live Cow Quotations report indicates that 90% lean cows weighing over 500 pounds are priced at $300.64 per hundredweight (cwt), reflecting a year-over-year increase of $42.75/cwt, or 16.6%. The year-to-date (YTD) average currently sits at $294.45/cwt. Just two years ago, the YTD average was $192.63/cwt, which highlights a 53% increase over that timeframe...