Beef printed 20 quotes higher, 21 lower, on 1.8x normal volume. Six of every ten beef pounds that cleared today were trim, 1.8x the usual share. Ground beef barely traded. Ground beef 75% and Choice top inside denuded are trading below their three week ranges. Pork picnic meat boxed cushion out turned lower after climbing earlier in the week. The Choice/Select spread narrowed $5.96 to $13.10/cwt. Choice chuck tender has closed lower four days in a row. Friday's weekly chicken report: boneless skinless thigh meat has added 18% over 7 weeks without a single lower close.
Highlights
PORK Picnic Meat Boxed Cushion Out97.61¢/lb-16.52¢ (-14.5%) sess-3.31¢ wkin rangeBEEF Ground Beef 75%289.55¢/lb-33.93¢ (-10.5%) vs Wed-63.98¢ wkbroke range lowBEEF Choice Round, Top Inside, Denuded392.50¢/lb-43.35¢ (-9.9%) sess-43.06¢ wkbroke range lowPORK Outsides114.96¢/lb-5.29¢ (-4.4%) sess+2.26¢ wkin rangeBEEF Choice Boneless Ribeye, Heavy1579.79¢/lb+25.41¢ (+1.6%) vs Wed+32.98¢ wkin rangeBEEF Ground Beef 81%332.85¢/lb+3.45¢ (+1.0%) sess+5.67¢ wkin range
Cuts in this read: Picnic Meat Boxed Cushion Out · Ground Beef 75% · Round, Top Inside, Denuded · Outsides · Boneless Ribeye, Heavy · Ground Beef 81%
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