Choice Boxed Beef Sharply Lower- Off $3.54 to $364.19 on Tueday

On Tuesday afternoon, the Choice boxed beef cutout declined by $3.54 to $364.19, while the Select cutout dropped $4.37 to $342.48. The Choice/Select spread widened to $21.71. This marks the lowest Choice value since May 27th and places it $32.30 below the recent high set on June 27th. A total of 118 loads were reported.

Primal values were lower across the board. The rib fell $3.82 to $523.13, chuck declined $2.24 to $300.55, and round slipped $2.27 to $320.04. The loin edged up slightly by $0.90 to $478.92, but brisket posted a significant drop of $10.02 to $307.61. The plate dropped $16.95 to $275.52, and the flank fell $12.86 to $223.49.

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