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Meat Market Update | Round and chuck keeps prices steady

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 $212.35. This was $4.53 higher and was really saved by the increases in chuck and round roast items that are being utilized in family cooking now.  

The weekly average Choice chuck and round primals were $4-5 higher, helping to push the cutout higher, especially because the Choice rib primal was $2 higher and appears to be holding steady. The weekly average cutout moved higher because those big increases in the round and chuck did not have to offset the very big drops on the rib that usually continue to take place this time of the year. 

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