The beef short plate complex broke out: Choice short plate short rib printed above its three week band. Beef loin is higher a second session. The bid we flagged yesterday is still running. History leans higher from here: across the last 5 years, the four weeks after this calendar spot averaged a firmer beef short plate print. The proteins parted ways on the session, beef and pork moving against each other.
Movers
BEEF Choice Loin, Bottom Sirloin, Flap811.44¢/lb+56.94¢ sess+24.76¢ wkin rangeBEEF Choice Chuck, Shoulder Clod382.25¢/lb-20.91¢ sess+9.63¢ wkin rangeBEEF Choice Short Plate, Short Rib707.07¢/lb+14.32¢ sess+19.30¢ wkbroke range highBEEF Ground Beef 85%453.24¢/lb-9.23¢ sess-1.63¢ wkin rangePORK Backribs 2.0#/up 1 Pc Vac285.74¢/lb+4.49¢ sess+1.25¢ wkin rangePORK Brisket Bones, Full Cut, 30#, Fzn148.89¢/lb+1.65¢ sess+7.93¢ wkin range
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