Meat Market Update | Drop in choice primal pressures cutout

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

The daily Choice cutout dropped $8.39 during the week and ended at $191.09 on Friday, but the average Choice cutout only dropped $3.35 and ended at $196.32. The formula sales and out-front sales helped to cushion the impact of the big daily declines. Also one of the main reasons for the drop was that the daily Choice rib primal dropped from $329 the previous Friday down to $307 this week which really put downward pressure on the cutout.

Find more cattle price news here or bookmark our commodity price page for the minute-by-minute updates.

TAGS: Beef Quality
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish