Meat Market Update | Winter storms impact supplies, prices

Ed Czerwien, USDA Market News reporter in Amarillo, TX, provides us with the latest outlook on boxed beef prices and the weekly cattle trade.

Retail meat buyers switched back to beef after the holidays, which is a normal seasonal process. However, the big price increases were no doubt encouraged by the bad winter storm that disrupted and lowered the volume of production. Many beef packers in the Southern Plains had to close their plants during the storm which curtailed available supplies helping to skyrocket prices higher.

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

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