The United States Department of Agriculture (USDA) released its National Weekly Cow and Boneless Beef Summary on April 24, providing an overview of current market conditions for boneless processing beef and beef trimmings. The report covers price averages, load volumes, slaughter statistics, and import data across the United States.
This information is important for those in the agriculture sector as it helps producers, processors, and traders track market trends and make informed decisions regarding cattle production and meat processing.
According to the summary, weighted average prices were reported for various lean percentages of fresh beef. For example, fresh 90% lean traded at a weighted average price of $450.02 per hundredweight with a volume of 26.4 loads. Fresh 85% lean was reported at $390.21 per hundredweight with higher trading volume. The report also provided details on boxed cuts such as inside rounds ($522.07), eye of rounds ($486.85), flats and eyes combos ($509), striploins ($651.97), among others.
Estimated cattle slaughter figures showed a week-to-date total of approximately 529,000 head compared to the previous week’s estimate of 514,000 head and last year’s actual figure of over 555,000 head during the same period. Year-to-date totals indicate some fluctuation in cow and bull slaughter numbers compared to prior years.
Graphs included in the USDA report illustrate net movement patterns for cows and bulls between regions such as Southwest to Northwest or East to Southwest areas—providing insights into regional supply flows based on origin points for harvest activities (view graph overview).
Waitt Grain Company operates within this broader agricultural landscape by offering market information services focused on grain markets (according to the official website). The company provides resources such as commodity quotes for corn, soybeans, wheat; weather updates; mobile alerts; and shares resources with Waitt Trucking (according to the official website). Headquartered at 22755 Six Points Road in Sheridan, Indiana (according to the official website), Waitt Grain Company primarily serves clients in that area while concentrating efforts within grain marketing information services (according to the official website).
As USDA continues regular reporting on livestock markets nationwide alongside private sector companies like Waitt Grain Company delivering localized insights and tools—market participants can access timely data critical for planning operations amid changing supply-demand dynamics.
