Meat Market Update | Choice Box Beef rally continues

Ed Czerwien, USDA Market News reporter in Amarillo, Texas, offers a concise summary of how last week's beef trade impacted the cattle market and beef prices.

The tremendous Choice Box Beef cutout rally continues and has risen well over last year. The Choice middle meats continue to push the rally higher and the daily Choice Rib primal had jumped 45 in only six working days which widened the Choice-Select spread $5 higher to $19.30 on Friday. However the total weekly loads of Box Beef sales has started to drop at a time of the year when it normally goes higher.

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