While fed cattle prices have jumped again, hitting $170 per cwt in some markets for the last week of March, wholesale beef prices have not increased along with cattle prices.The Choice beef cutout averaged $280.51 per cwt the last week in March, up about $14 per cwt compared to the same time last year. The cutout has declined about $8 per cwt over the last 5 weeks.
Wholesale prices for a few cuts reveal some interesting ups and downs. Ribeyes, strip loins, and full tenderloin prices have all declined over the last month. Boneless ribeyes averaged $9.83 per pound the last week in March…
