Trading down to Select saves more today: the Choice/Select spread widened $4.19 to $26.66/cwt. Choice ribeye boneless heavy broke above its three week range. The proteins parted ways on the session, beef and pork moving against each other. Choice chuck tender has closed lower four days in a row.
Highlights
BEEF Choice Boneless Ribeye, Heavy1440.94¢/lb+68.78¢ (+5.0%) sess+136.80¢ wkbroke range highBEEF Choice Plate Short Rib712.53¢/lb+11.26¢ (+1.6%) sess+9.43¢ wkin rangePORK Picnic Meat Combo Cushion Out96.06¢/lb-10.75¢ (-10.1%) sess-5.14¢ wkbroke range lowPORK Trimmed Sparerib, Medium168.65¢/lb-4.21¢ (-2.4%) sess-2.81¢ wkbroke range lowBEEF 90CL Lean Trimmings, Fresh453.87¢/lb-2.95¢ (-0.6%) sess-0.72¢ wkbroke range lowBEEF Choice Loin, Top Butt, Boneless509.77¢/lb+1.89¢ (+0.4%) sess+29.60¢ wkin range
Cuts in this read: Boneless Ribeye, Heavy · Plate Short Rib · Picnic Meat Combo Cushion Out · Trimmed Sparerib, Medium · 90CL Lean Trimmings, Fresh · Loin, Top Butt, Boneless
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