Meat Market Update | Daily cutout tops out

Ed Czerwien, USDA Market News reporter in Amarillo, Texas, offers a concise summary of how last week's beef trade impacted the cattle market and beef prices.

The weekly average Choice cutout was $3.46 higher, helped by those formula sales that were based off of the previous week's increased prices. However the daily cutout topped out and started to decline which is following the previous year's type of trend. Also there was a good increase in both export and out-front sales volume this week which kept total sales way over last year.

TAGS: Marketing
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