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

Ed Czerwien, Market Reporter

June 6, 2019

The daily spot Choice box beef cutout ended the week last Friday at $223.21 which was $1.57 higher compared to previous Friday. It is starting a normal, though smaller, rally prior to the Father’s Day grilling weekend. The daily Choice Rib and Loin primal both quit their recent and are improving in price a little. However, the really big seasonal drop for Rib and Loin products always starts to occur around the Fourth of July after those big grilling holiday sales are over which pushes the cutout lower every 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.

Subscribe to Our Newsletters
BEEF Magazine is the source for beef production, management and market news.

You May Also Like