The ground beef complex lost its floor: ground beef 81% traded through the low end of its three week band. History leans lower from here: across the last 5 years, the four weeks after this calendar spot averaged a softer ground beef print.
Highlights
BEEF Ground Beef 81%401.93¢/lb-15.98¢ (-3.8%) sess-20.67¢ wkbroke range lowBEEF Choice Plate Short Rib681.33¢/lb-15.55¢ (-2.2%) sess-6.41¢ wkin rangeBEEF Choice Trimmed Tenderloin, Heavy1514.07¢/lb+14.53¢ (+1.0%) sess-1.09¢ wkin rangePORK Picnic Meat Combo Cushion Out100.06¢/lb+4.10¢ (+4.3%) sess-3.75¢ wkin rangeBEEF Choice Loin, Top Butt, Boneless541.61¢/lb-1.37¢ (-0.3%) sess-13.02¢ wkbroke range lowPORK Trimmed Sparerib, Medium188.91¢/lb+0.72¢ (+0.4%) sess-2.69¢ wkin range
Cuts in this read: Ground Beef 81% · Plate Short Rib · Trimmed Tenderloin, Heavy · Picnic Meat Combo Cushion Out · Loin, Top Butt, Boneless · Trimmed Sparerib, Medium
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