Beef output last week fell 5.6% and was 2.3% less than a year ago. Beef packers may slow beef output this week as well due to waning margins. The beef trimming markets are moving lower which is typical for this time of year.

Additional trimming markets declines may be impending. Still, sluggish imports and continued retail feature focus on beef grinds are expected to cause the beef trimming markets to remain notably above 2007 levels. Beef middle meat demand is reported to be suffering from consumer economic concerns.