In most investment situations, you get a chance to evaluate the risk and rewards, do some research and make an informed decision. But when cattle pass through the sale barn in 30-second intervals, it’s not always easy for buyers to base decisions on anything more than appearance.
The commercial Angus world warmed to the concept of AngusSource®, with more cattle enrolled each year from 2008 through 2011. During those years, the AngusSource Carcass Challenge (ASCC) saw entries totaling 6,188 with 58.3% accepted for the Certified Angus Beef® (CAB®) brand; nearly 13% of the total made USDA Prime, according to Ginette Kurtz, AngusSource manager.
Yield grading is a little easier to quantify, in my simple, little mind, because we assess a numerical score to beef carcasses…….well, not we, but USDA graders! They are, simply, yield grades (YG) 1, 2, 3, 4, and 5.
David gives his market update to keep producers in the know. Packers raised their bids on Wednesday to $123/$124 in the South and $127 in the North in order to lock up needs prior to the long weekend.
With the Choice/Select spread the same, the Prime premium is $21.71/cwt., carcass basis, according to USDA. So, Prime is worth another $184.54/head, in the meat,on top of the $47.90/head for Choice.
Doing something different with your cattle means finding ways to make them stand out. Cattle with a story sell, and that includes having previous feedyard and packing plant performance data on them.
When you get a bonus on grid cattle, sometimes it’s easier to count your blessings than to ask why. But Tom Brink, senior vice president for Five Rivers Cattle Feeding, says taking a look at discounts and premiums can help you get more of the latter.
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