Beef printed 20 cuts higher, 12 lower, on 1.6x normal volume. Seven of every ten beef pounds that cleared today were lean trim, nearly double the usual share. Chuck and the middles barely traded. Beef chuck lost its floor: Choice flap traded through the low end of its three week band. No reversal in ground beef 81%: the week's direction held through the close. Fresh 50% lean trimmings have printed lower five straight sessions.
Highlights
BEEF Choice Chuck, Flap797.02¢/lb-71.53¢ (-8.2%) sess-43.61¢ wkbroke range lowBEEF Ground Beef 81%310.80¢/lb-49.09¢ (-13.6%) sess-15.95¢ wkbroke range lowBEEF Choice Plate Short Rib662.40¢/lb-30.65¢ (-4.4%) sess-25.14¢ wkbroke range lowBEEF Ground Beef 85%457.26¢/lb-9.80¢ (-2.1%) sess+11.83¢ wkin rangePORK Back Ribs 2.0#/up273.09¢/lb+9.21¢ (+3.5%) sess+2.08¢ wkin rangePORK Trimmed Sparerib, Medium177.60¢/lb+6.12¢ (+3.6%) sess+0.25¢ wkin range
Cuts in this read: Chuck, Flap · Ground Beef 81% · Plate Short Rib · Ground Beef 85% · Back Ribs 2.0#/up · Trimmed Sparerib, Medium
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