Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of last week's beef cutout trade.
It was a slow week in the cattle marketing world as we wrapped up a shorter holiday week, followed by odd September weather which hindered some buying.
The cash market for fed cattle was mostly $1-$3 lower on smaller cash sales volume and bigger numbers of 15- to 30-day delivery.
Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of last week's beef cutout trade.
Feeder cattle and cull cow numbers were higher ahead of Labor Day closures
As evidence of strong consumer demand at retail, boxed beef prices are showing strength.
The cash market for fed cattle was mostly $1-2 lower on smaller volume with bigger numbers of 15-30 day delivery.
The cash market for fed cattle was mostly $1-$2 higher and the cash sales volume was higher than the previous week.
Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of last week's beef cutout trade.
