Weekly Boxed Beef Cutout Values Decline

September 25, 2008 07:00 PM
 

AgWeb.com Editors

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

Scroll down to see data.







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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