Beef printed 18 quotes higher, 22 lower, on 1.7x normal volume. Seven of every ten beef pounds that cleared today were trim, nearly double the usual share. Chuck barely traded. Choice chuck roll retail ready, Pork 1/4 trim steak ready butt 1 piece vacuum packed and Pork picnic meat boxed cushion out frozen are trading below their three week ranges. Ground beef 85% turned higher after sliding earlier in the week. 20-23# trmd selected ham has closed higher seven days in a row. Cattle kill 521,000 head for the week, 6% under a year ago; hogs 2.41 million, flat with a year ago. Friday's weekly turkey report: Tom full-cut wings have added 31% over 4 weeks without a single lower close.
Highlights
BEEF Choice Chuck, Roll, Retail Ready563.78¢/lb-88.59¢ (-13.6%) sess-2.54¢ wkbroke range lowBEEF Ground Beef 85%439.15¢/lb+52.15¢ (+13.5%) sess+9.31¢ wkin rangePORK 1/4 Trim Steak Ready Butt 1 Piece Vacuum-packed136.27¢/lb-16.76¢ (-11.0%) sess-2.93¢ wkbroke range lowPORK Picnic Meat Boxed Cushion Out, Frozen95.20¢/lb-11.25¢ (-10.6%) vs Wed-12.36¢ wkbroke range lowBEEF Choice Flank Steak662.71¢/lb+21.42¢ (+3.3%) sess-27.55¢ wkin rangeBEEF Choice Boneless Strip Loin 0x1978.67¢/lb+18.46¢ (+1.9%) sess+2.50¢ wkin range
Cuts in this read: Chuck, Roll, Retail Ready · Ground Beef 85% · 1/4 Trim Steak Ready Butt 1 Piece Vacuum-packed · Picnic Meat Boxed Cushion Out, Frozen · Flank Steak · Boneless Strip Loin 0x1
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