Ed Czerwien, USDA Market News reporter in Amarillo, TX, provides us with the latest outlook on boxed beef prices and the weekly cattle trade.
The Daily Choice Cutout ended the week of Friday, Feb. 7 at $210.77, which was $12.72 lower than the previous Friday, but that was with 770 loads sold for the week. However, this cutout had been as high as $240, dropping nearly $30.
Total loads sold for the Comprehensive Choice Cutout was 6125, down 275 loads from the previous week. Exports had only 560 loads, the smallest non-holiday week in quite some time.