Cutout value for Choice declined for the week ending Dec 19, 2008, while Select increased $1.25 compared to the previous week. The Choice/Select spread widened to $8.26/cwt.
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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 235.64 200.68 Primal Chuck 113.95 113.99 Primal Round 128.79 125.44 Primal Loin 188.63 171.84 Primal Brisket 91.62 91.42 Primal Short Plate 91.81 93.59 Primal Flank 81.81 78.11 -------------------------------------------------------------------------------- WEEKLY CUTOUT VALUE SUMMARY CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 12/19 89 72 24 38 223 141.89 135.43 12/18 85 73 43 47 248 141.55 135.07 12/17 108 100 15 80 303 144.14 135.30 12/16 87 67 20 55 228 144.19 134.58 12/15 68 78 14 46 206 143.65 133.73 -------------------------------------------------------------------------------- WEEKLY AVERAGE 143.08 134.82 CHANGE FROM PRIOR WEEK (0.05) 1.25 -------------------------------------------------------------------------------- CHOICE/SELECT SPREAD: 8.26 TOTAL LOAD COUNT (Cuts, Trimmings, Grinds): 1,208 -------------------------------------------------------------------------------- NATIONAL BOXED BEEF CUTS - NEGOTIATED SALES FOB Plant basis negotiated sales for delivery within 0-21 day period, including sales since last report.
