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The weekly average Choice cutout, which includes all types of sales was $217.48. This was $1.80 higher regaining slightly more than it lost last week. The weekly average Choice rib primal was $5 higher and continues to climb in a similar early rising trendline seen last year. However, it is trending above last year's prices. The weekly average Choice loin primal was $3 higher and very close to last year. Both of these provide steaks for the grilling season and were helped by higher priced out-front sales. They also get a boost from the higher priced daily spot sales.
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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