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.
Highlights
BEEF Choice Loin, Bottom Sirloin, Flap811.44¢/lb+56.94¢ (+7.5%) sess+24.76¢ wkin rangeBEEF Choice Chuck, Shoulder Clod382.25¢/lb-20.91¢ (-5.2%) sess+9.63¢ wkin rangeBEEF Choice Plate Short Rib707.07¢/lb+14.32¢ (+2.1%) sess+19.30¢ wkbroke range highBEEF Ground Beef 85%453.24¢/lb-9.23¢ (-2.0%) sess-1.63¢ wkin rangePORK Backribs 2.0#/up 1 Piece Vacuum-packed285.74¢/lb+4.49¢ (+1.6%) sess+1.25¢ wkin rangePORK Brisket Bones, Full Cut, 30#, Frozen148.89¢/lb+1.65¢ (+1.1%) sess+7.93¢ wkin range
Cuts in this read: Loin, Bottom Sirloin, Flap · Chuck, Shoulder Clod · Plate Short Rib · Ground Beef 85% · Backribs 2.0#/up 1 Piece Vacuum-packed · Brisket Bones, Full Cut, 30#, Frozen
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