Slaughter cow prices continue to move higher with declining cow inventories and reduced cow slaughter. Boning cow prices in Oklahoma auctions averaged $118.54/cwt. (average dressing) for the week ending March 8, 2024 (Figure 1). Slaughter cow prices for the week ranged from $126.87/cwt. for high dressing breaking cows to $99.13/cwt. for low dressing lean cows.
Slaughter cow prices are driven by the price of 90 percent lean beef trimmings (90s), which posted a price of $317.36/cwt. the first week of March. This is a record high price for 90s in data back to 1978 and undoubtedly…
