Meat Market Update | Normal seasonal cutout decline starts

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 Daily Choice box beef cutout jumped $44 dollars in less than 3 weeks, but is starting to show signs that it will be following the normal seasonal decline that begins in later January and lasts through most of February.
 
Out-front sales were much bigger, climbing to over 900 loads but most of the prices were less than current spot or current formula prices.

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

TAGS: Outlook
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