Ed Czerwien, USDA Market News reporter in Amarillo, TX, provides us with the latest outlook on boxed beef prices and the weekly cattle trade.
Normally the first two weeks of the New Year enjoy better numbers both in price and volume as retailers shift back to more beef items and restock shelves. Thus far, 2015 has definitely followed that scenario. The Comprehensive or Weekly Average Choice cutout which includes all types of sales was $6.70 higher and there were 6,325 total loads sold.
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