Meat Market Update | Rib and loin continue tremendous rally

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 rib and loin primal cuts continue their tremendous rally and were $12-$13 dollars higher again this week. These two primal cuts are basically carrying the Choice cutout by themselves because of the enormous demand for steaks going into the grilling season. However the total volume of box beef sales has started to slip compared to previous years.

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