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Weekly USDA export sales showed net beef sales of 14,600 MT and pork sales of 24,600 MT for 2025. Wholesale choice boxed beef firmed to $350.10, only the second time above that level, while packer margins remained deeply negative.
Firm boxed beef prices signal strong demand for beef, but deep packer losses limit slaughter and cattle buying. Feed demand from the cattle sector is supported by tight supplies.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.