Weekly Boxed Beef Cutout Values Increase

November 13, 2008 06:00 PM
 

AgWeb.com Editors

 

Cutout value for Choice and Select beef increased this week while the Choice/Select spread widened to $10.38/cwt.

Scroll down to see data.


Fri, Nov 14, 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                                     263.33         218.32
 Primal Chuck                                   123.37         122.73
 Primal Round                                   142.26         137.55
 Primal Loin                                    195.20         175.82
 Primal Brisket                                 101.57         102.35
 Primal Short Plate                             110.10         112.09
 Primal Flank                                    95.49          91.89
--------------------------------------------------------------------------------
WEEKLY CUTOUT VALUE SUMMARY
                                                CHOICE         SELECT
Date  Choice Select Trim Grinds Total           600-900        600-900
11/14    76    51    22    47    196            157.02         146.18
11/13   133    87    23    48    291            157.37         146.49
11/12   114    75    37   104    330            157.25         145.96
11/11    70    73    30    45    218            154.68         144.27
11/10   109    84    15    50    258            152.06         143.56
--------------------------------------------------------------------------------
WEEKLY AVERAGE                                  155.68         145.29
CHANGE FROM PRIOR WEEK                            8.81           5.50
--------------------------------------------------------------------------------
CHOICE/SELECT SPREAD:                                   10.38

TOTAL LOAD COUNT (Cuts, Trimmings, Grinds):             1,292
--------------------------------------------------------------------------------
NATIONAL BOXED BEEF CUTS - NEGOTIATED SALES   FOB Plant basis negotiated sales
for delivery within 0-21 day period, including sales since last report.

Click here for full report.


 

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