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 Comprehensive Choice cutout was $1.20 lower but volume jumped up almost 500 loads. The boost in volume was led by exports and out-front sales.
Choice middle meats ,which are loin and rib products (steak meat), were $3 higher. This is consistent with their typical annual seasonal price increase at the beginning of the grilling season.
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