Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of last week's beef trade.

Ed Czerwien, Market Reporter

May 8, 2019

The daily spot Choice box beef cutout ended the week at $227.36, which was $5.63 lower compared to previous Friday. It was just $1 lower than the same day last year. It then continued to drop another $3.5 lower by Tuesday, May 7. The daily Choice rib primal was $13 lower by Friday and the loin primal was $6 lower, both taking a big hit. This is similar to a decline last April, however, normally there is a very strong grilling rally during the Memorial Day sales period. This year many Choice rib and loin products were already sold to the retailers through the out-front type sales, so that might moderate prices just a little.


About the Author(s)

Ed Czerwien

Market Reporter

Ed Czerwien is a market analyst in Amarillo, Texas. From the heart of Cattle Feeding Country, Ed follows the cattle and wholesale markets to keep beef producers up-to-date on the market moves that affect them. He previously worked with USDA as a Market News reporter. Ed is now semi-retired and continues to work with cattle trade analysis.

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