Beef Magazine is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Meat Market Update | Total loads sold remain high

Video-Meat Market Update | Total loads sold remain high

As plants are getting back to normal in terms of production, loads sold continue to remain elevated.

The daily spot Choice box beef cutout ended the week on Friday, July 17 at $200.47, which was $4.03 lower compared to previous Friday. Last year it was $213.42. However, it did jump up to $201.74 on Monday, July 20 and Monday quite often sees increases because after a good weekend of retail sales the stores re-order product to refill shelves. 

The weekly average Choice cutout, which includes all types of sales, including the daily Choice cutout was $201.28 which was $2.36 lower. 

There were 7,026 total loads sold for the week which was 717 loads lower than the previous week. While lower, it still was a solid number breaking the 7,000 loads mark. You can see on the four-week moving average graph that it has backed up a little which is normal when it includes the 4th of July holiday week when plants shut down some time during the holiday. However, it still remains higher than all of the years shown, so there is very good volume lately when many plants are getting back to normal.

TAGS: Marketing
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.