Eight of every ten beef pounds that cleared today were lean trim, nearly double the usual share. The middles barely traded. Choice outside round broke below its three week range. Pork tenderloin broke its run lower and closed up. Beef tenderloin has closed higher six days in a row.
Highlights
BEEF Choice Boneless Ribeye, Heavy1357.12¢/lb+52.98¢ (+4.1%) sess+62.96¢ wkin rangeBEEF Choice Round, Outside Round366.04¢/lb-18.58¢ (-4.8%) sess-17.25¢ wkbroke range lowPORK Tenderloin196.41¢/lb+18.36¢ (+10.3%) sess+0.16¢ wkin rangeBEEF Choice Plate Short Rib686.82¢/lb-16.28¢ (-2.3%) sess+24.42¢ wkin rangeBEEF 50CL Lean Trimmings, Fresh150.46¢/lb-14.57¢ (-8.8%) sess-3.60¢ wkin rangePORK Trimmed Sparerib, Medium174.36¢/lb+2.90¢ (+1.7%) sess-3.24¢ wkin range
Cuts in this read: Boneless Ribeye, Heavy · Round, Outside Round · Tenderloin · Plate Short Rib · 50CL Lean Trimmings, Fresh · Trimmed Sparerib, Medium
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