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

Ed Czerwien, Market Reporter

August 1, 2019

The daily spot Choice box beef cutout ended the week last Friday at $212.17, which was $1.25 lower compared to previous Friday. It then rebounded and improved early during the following week jumping up to $214 on Tuesday, July 30. Last year on the same day, it was $205.14 so we continue to be much higher than last year yet. The daily Choice rib primal was almost $3 higher during the week, but was $26 higher than last year. The loin primal was about $2 higher during the week and was about $11 higher than last year.  

The fact that both of these Choice middle meat primals are higher than last year has definitely pushed the Choice-Select spread much higher. Choice-Select spread was $23.83 on Friday compared to $23.91 the previous week $6.87 last year. This increase in the spread was definitely helped by a much higher Choice rib primal this year.

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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