Meat Market Update | Dropping cutout prices spur sales

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 weekly average Choice cutout was down $2.52 at $186.69 which was close to the daily Choice cutout close on Friday. Dropping prices spurred sales and refilled the shelves at the stores after the holiday pushing the sales volume higher. There were 6,633 loads sold which was 471 loads higher than the previous week on the heels of packing plants working a full week instead of that previous week when plants were shut down on the Monday holdiay.

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

TAGS: Beef Quality
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