Meat Market Update | Comprehensive Choice Cutout Up, Big Boost In Total Sales Volume

RSS

Ed Czerwien, USDA Market News reporter in Amarillo, TX, offers a summary of last week's beef trade  and how it impacts the cattle market and beef prices. For the week ending August 17, the comprehensive Choice cutout was up $2.78 over the last week with a big boost in total sales volume. It is important to the note that the daily spot Choice boxed beef cutout ended the week at $194.39, which was up $5.40 on the last week. The daily spot volume was only 764 loads for the week, which was the lightest non-holiday week since May and only about 10% of the total boxed beef sales for the week. This no doubt softened the impact of the sharp run-up on the comprehensive Choice cutout.

Find more cattle price news here or bookmark our commodity price page for the minute-by-minute updates.

Please or Register to post comments.

Quotes

Copyright © 2016. All market data is provided by Barchart Market Data Solutions.

Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

Sponsored Introduction Continue on to (or wait seconds) ×