Beef Market Update: Strong lean beef demand supports cattle prices despite boxed beef pullback
Briefly

Beef Market Update: Strong lean beef demand supports cattle prices despite boxed beef pullback
""We'll call 235 live and a 372 delivered dressed market fully steady with last week," she notes, adding that Alberta trade has also held steady."
""It's the market's way of saying... we've got enough choice product. Let's put the coolers on for a minute," Wasko explains."
""That lean trim... is still trading at record levels," she says, noting its role in both the domestic grind market and processed beef demand."
Beef markets are steady as Easter approaches, with cash markets remaining unchanged despite a packing plant strike affecting slaughter capacity. The U.S. choice cutout has declined, indicating pressure in the wholesale market. Seasonal factors and high retail prices may temporarily hinder demand. However, strong lean trim markets are supporting cow values, with significant increases in U.S. and Canadian imports. Overall, the market reflects tight supply and firm cash trade, despite mixed short-term signals.
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