Meat Market Update | Beef Prices Stay Strong, But Sales Volume Struggles

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Ed Czerwien, USDA Market News reporter in Amarillo, TX, provides us with the latest outlook on boxed beef prices and the weekly cattle trade.

The Comprehensive or Average Choice Cutout sets another new all-time high price, but sales volume continues to plummet. Out-front sales volume drops to new lows that have not been seen in years as buyers back further away from advanced purchases, which will not help sales in upcoming weeks.

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