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Weekly Boxed Beef Cutout Values Decline

00:00AM Oct 24, 2008

AgWeb.com Editors

 

Cutout value for Choice and Select beef declined this week while the Choice/Select spread hovered at $7.03.

Scroll down to see data.

 Fri, Oct 24, 2008  NATIONAL WEEKLY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales  Based on negotiated prices and volume of boxed beef cuts delivered within 0-21 days and on average industry cutting yields.  Values reflect U.S. dollars per 100 pounds.                                                    CHOICE         SELECT                                                 600-900        600-900 -------------------------------------------------------------------------------- WEEKLY COMPOSITE PRIMAL VALUES  Primal Rib                                     193.48         185.47  Primal Chuck                                   124.68         122.61  Primal Round                                   135.77         130.33  Primal Loin                                    183.42         163.90  Primal Brisket                                 100.06          99.20  Primal Short Plate                             107.21         109.57  Primal Flank                                    96.38          87.96 -------------------------------------------------------------------------------- WEEKLY CUTOUT VALUE SUMMARY                                                 CHOICE         SELECT Date  Choice Select Trim Grinds Total           600-900        600-900 10/24   136   124    34    46    340            141.52         135.04 10/23   160   162    15    53    390            143.30         135.82 10/22   171   155    48    81    455            144.38         137.56 10/21    97    94    20    56    267            145.04         138.19 10/20    84    70    11    52    217            145.56         138.03 -------------------------------------------------------------------------------- WEEKLY AVERAGE                                  143.96         136.93 CHANGE FROM PRIOR WEEK                          (3.49)         (2.25) -------------------------------------------------------------------------------- CHOICE/SELECT SPREAD:                                    7.03  TOTAL LOAD COUNT (Cuts, Trimmings, Grinds):             1,669 -------------------------------------------------------------------------------- NATIONAL BOXED BEEF CUTS - NEGOTIATED SALES   FOB Plant basis negotiated sales for delivery within 0-21 day period, including sales since last report.      

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http://marketnews.usda.gov/gear/browseby/txt/SJ_LS712.TXT

weekly retail meat ( 1 p.m.)

 

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