Meat Market Update | Rib and loin continue to carry cutout

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 situation is basically the same as last week and the tremendous rally in the Choice rib and loin has carried the cutout higher due to holiday demand for steak meat. These cuts have pretty much carried the cutout higher by themselves since the round and chuck have been steady to weak during this same time.

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