Meat Market Update | Cutout drops following Labor Day

Ed Czerwien, USDA Market News reporter in Amarillo, TX, provides us with the latest outlook on boxed beef prices and the weekly cattle trade.

The Comprehensive or Weekly Average Choice cutout dropped $2.62 following the Labor Day holiday. Last year the Choice Cutout dropped $20 between August 9 and October 4 before starting the normal fall rally.

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