Livestock Risk Partners

“Don’t get sleepy in your risk management, if you have opportunity to cover a profit, take it!”———–Jim Mintert, Purdue University
Providing quality LRP, PRF & LGM Insurance Coverage!

Cutouts Jump Higher

Not to be outdone by record fed cattle prices, cutout values have jumped higher.  While the cutout out is dramatically higher, it is not at record highs.  The Choice cutout hit $337.43 per cwt on June 12th, up $23 over the last week and up $30.99 since June 1st.  It is the highest value since August 2021 and just slightly below the $337.56 the on June 11th 2021.