Meat Market Update | Middle meat steaks increase cutout

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.

Ed Czerwien, Market Reporter

February 10, 2017

1 Min Read
Meat Market Update | Middle meat steaks increase cutout

The weekly average Choice cutout was $1.16 higher even though the daily cutout ended the week lower. The formula prices, which were over 52 percent of the total volume, supported the increase because many formulas, but not all, are based off of the previous week's spot or negotiated cutout which was over $2 higher. Also the out-front prices for middle meat steak items were higher again which also helped to increase the cutout.

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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