Beef was bid across the board, 32 quotes higher against 7 lower. Trading down to Select saves less today: the Choice/Select spread narrowed $8.75 to $15.31/cwt. Choice beef tenderloin pushed past the top of its three week range. Pork trmd sparerib - med frozen kept climbing: another higher day in a higher week. Beef and pork split: the cutout went one way and the carcass the other. 42% trim combo has closed higher five days in a row. Friday's weekly chicken report: tenders have shed 35% over 11 weeks without a single higher close.
Highlights
BEEF Choice Trimmed Tenderloin, Heavy1748.39¢/lb+115.16¢ (+7.1%) sess+94.34¢ wkbroke range highPORK Trimmed Sparerib, Medium, Frozen199.08¢/lb+36.43¢ (+22.4%) sess+52.47¢ wkin rangePORK Brisket Bones, Full Cut, 30#, Frozen178.74¢/lb+29.45¢ (+19.7%) sess+65.22¢ wkbroke range highBEEF Choice Round, Top Inside, Denuded486.08¢/lb+25.23¢ (+5.5%) sess+36.74¢ wkin rangeBEEF Choice Chuck Roll 1x1, Neck-off534.56¢/lb+24.84¢ (+4.9%) sess+39.23¢ wkbroke range highBEEF Choice Loin, Short Loin, 0x1756.46¢/lb+16.52¢ (+2.2%) sess-4.30¢ wkin range
Cuts in this read: Trimmed Tenderloin, Heavy · Trimmed Sparerib, Medium, Frozen · Brisket Bones, Full Cut, 30#, Frozen · Round, Top Inside, Denuded · Chuck Roll 1x1, Neck-off · Loin, Short Loin, 0x1
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