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 Rib, Ribeye, Bnls, Heavy1440.94¢/lb+68.78¢ (+5.0%) sess+136.80¢ wkbroke range highBEEF Choice Short 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 Trmd Sparerib - Med168.65¢/lb-4.21¢ (-2.4%) sess-2.81¢ wkbroke range lowBEEF Chemical Lean, Fresh 90%453.87¢/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: Rib, Ribeye, Bnls, Heavy · Short Plate, Short Rib · Picnic Meat Combo Cushion Out · Trmd Sparerib - Med · Chemical Lean, Fresh 90% · Loin, Top Butt, Boneless
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