BEEF Meat Market Update | Boxed Beef Trade

Cattlemen routinely hear about the boxed beef trade, but what does it mean? And why do we care? Once cattle are harvested at the packing plant, they're sold into the retail and food service channels and the beef is consumed. Yes, but sometimes it doesn't work quite that simply. Ed Czerwien, with USDA Market News in Amarillo, TX, explains some of the recent activity in the boxed beef trade.