Cutout value for Choice and Select beef declined this week while the Choice/Select spread hovered at $7.03.
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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.
http://marketnews.usda.gov/gear/browseby/txt/SJ_LS712.TXT
weekly retail meat ( 1 p.m.)
