Trading down to Select saves less today: the Choice/Select spread narrowed $3.70 to $20.67/cwt. Choice chuck roll retail ready broke above its three week range. Pork knuckles fell again, the same direction they have moved all week. Choice top butt boneless has closed lower four days in a row. Labor Day is about 2 weeks out: brisket, ribs, and ground beef firm into the grilling-season close.
Highlights
BEEF Choice Chuck, Roll, Retail Ready623.03¢/lb+63.93¢ (+11.4%) sess+106.25¢ wkbroke range highBEEF Choice Loin, Bottom Sirloin, Flap872.24¢/lb+34.77¢ (+4.2%) sess+30.24¢ wkbroke range highPORK Knuckles108.79¢/lb-21.69¢ (-16.6%) sess-32.16¢ wkbroke range lowBEEF Choice Loin, Strip, Bnls, 0x1986.57¢/lb+10.62¢ (+1.1%) sess+23.53¢ wkin rangeBEEF Choice Brisket, Deckle-off, Bnls500.65¢/lb+6.95¢ (+1.4%) sess+0.77¢ wkin rangePORK Backribs 2.0#/up265.51¢/lb+1.84¢ (+0.7%) sess+2.34¢ wkin range
Cuts in this read: Chuck, Roll, Retail Ready · Loin, Bottom Sirloin, Flap · Knuckles · Loin, Strip, Bnls, 0x1 · Brisket, Deckle-off, Bnls · Backribs 2.0#/up
meatread.com