While there have been some ups and downs, the Choice beef cutout has generally trended lower since it hit its peak back in June, according to David Anderson, Texas A&M AgriLife Extension livestock economist.
The weekly average peak in mid-June was $339.93/cwt. but the Choice cutout has averaged right at $300.00/cwt for the year, which Anderson says is 13.6% more than last year.
“While the cattle and calf markets have been on a wilder ride lately, the weekly cutout has ranged from $307.00 to $297.00 since mid-September,” he says. “Underlying the cutout value are individual primal cuts…
