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Ag News

Choice Boxed Beef Prices Heading Higher- Up $4.15 to $369.94 on Tuesday

Boxed beef values continued to climb on Tuesday, with the Choice cutout rising to $369.94, up $4.15 from Monday, and the Select cutout reaching $345.94, up $4.35. The Choice/Select spread narrowed slightly to $24.00. Over the past three days, the Choice cutout has gained a total of $8.62. Among primals, the rib led the charge, jumping $9.31 to $544.66, now more than $41 higher than it was on July 21st, and at its highest level since June 2nd. The loin also posted strong gains, up $9.19 to $476.94, while the plate rose $12.28 to $274.98. Chuck and round were both modestly higher, while brisket and flank were little changed. Total loads reported Tuesday were 105, nearly even with Monday's 106.

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