Choice Boxed Beef Jumps $2.08 to $369.33 on Friday

IBP Boxed Beef

Boxed beef values moved higher on Friday, with Choice closing at $369.33, up $2.08 from Thursday, and Select ending at $364.53, up $4.16 on the day. Compared with last Friday, boxed beef values were $3.77 higher. The Choice/Select spread narrowed to $4.80, down from $6.88 on Thursday, while load count declined to 60 from 115.

On the primal side, ribs slipped to $504.52 from $505.12, chucks increased to $336.98 from $332.75, rounds edged up to $333.06 from $332.48, and loins moved higher to $466.11 from $464.28. Briskets were steady at $294.29 compared with $294.01, plates rose to $256.49 from $251.89, and flanks increased to $172.71 from $171.82 on Thursday.

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