Beef printed 19 quotes higher, 34 lower, on light volume. Trading down to Select saves more today: the Choice/Select spread widened $5.96 to $30.82/cwt. Ground beef 93% broke above its three week range. Choice beef tenderloin turned lower after climbing earlier in the week. The proteins parted ways on the session, beef and pork moving against each other. Choice ball-tip boneless heavy has closed higher six days in a row.
Highlights
BEEF Ground Beef 93%562.62¢/lb+25.81¢ (+4.8%) sess+21.91¢ wkbroke range highBEEF Choice Trimmed Tenderloin, Heavy1764.23¢/lb-23.09¢ (-1.3%) sess+127.80¢ wkin rangeBEEF Choice Loin, Sirloin, Tri-tip, Peeled632.03¢/lb-19.56¢ (-3.0%) sess-43.93¢ wkbroke range lowBEEF 90CL Lean Trimmings, Fresh450.82¢/lb-10.41¢ (-2.3%) sess-6.00¢ wkbroke range lowPORK Boneless Sirloin114.92¢/lb-8.05¢ (-6.5%) sess-8.02¢ wkin rangePORK Trimmed Sparerib, Medium176.98¢/lb+3.36¢ (+1.9%) sess+4.12¢ wkin range
Cuts in this read: Ground Beef 93% · Trimmed Tenderloin, Heavy · Loin, Sirloin, Tri-tip, Peeled · 90CL Lean Trimmings, Fresh · Boneless Sirloin · Trimmed Sparerib, Medium
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