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Meat Market Update | Out-front sales and exports lead the way

Ed Czerwien, market analyst based 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, which includes all types of sales -- including the daily Choice cutout, was $227.61. This was $1.16 higher than the previous week, even though the daily Choice cutout was over $3 lower for the week. There were 6,902 total loads sold for the week, which was 737 loads higher than the previous week and a very good total number helped by bigger out-front and export sales this week.

The weekly average Choice rib primal and Choice loin primal were $3-4 higher, continuing to follow normal seasonal increases and both were helped by higher priced out-front sales again this week. These two middle meat primals continue to push higher than last year.

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