Meat Market Update | Sales volume jumps as buyers refill shelves

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 Box Beef cutout was down only 81 cents this week and did not drop as much as the daily spot cutout. However, sales volume jumped compared to the previous holiday shortened week as meat buyers refilled shelves. The Choice-Select spread continues to run well above last year even though finished cattle are grading a higher percent Choice and Prime, which reflects something about the current demand for Choice steaks.

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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