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Weekly Boxed Beef Cutout Values Decline

00:00AM Sep 26, 2008

AgWeb.com Editors

Cutout value for Choice and Select beef declined this week, while the Choice/Select spread widened to $7.26/cwt.

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       Fri, Sep 26, 2008                 USDA Market News  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                                     212.52         198.77  Primal Chuck                                   144.11         142.48  Primal Round                                   144.60         141.43  Primal Loin                                    201.06         180.89  Primal Brisket                                 106.83         104.51  Primal Short Plate                             115.47         117.90  Primal Flank                                    99.31          90.53 -------------------------------------------------------------------------------- WEEKLY CUTOUT VALUE SUMMARY                                                 CHOICE         SELECT Date  Choice Select Trim Grinds Total           600-900        600-900 09/26    91    86    22    57    257            155.42         149.95 09/25   106   118    56    63    343            158.00         150.67 09/24    98   100    42    65    305            159.61         151.96 09/23    65    81    11    44    200            160.41         152.24 09/22   101    95    24    89    309            159.55         151.88 -------------------------------------------------------------------------------- WEEKLY AVERAGE                                  158.60         151.34 CHANGE FROM PRIOR WEEK                          (2.07)         (2.50) -------------------------------------------------------------------------------- CHOICE/SELECT SPREAD:                                    7.26  TOTAL LOAD COUNT (Cuts, Trimmings, Grinds):             1,414 -------------------------------------------------------------------------------- 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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