Written Commentary
LIVESTOCK AM OUTLOOK
Spread between Choice and Select beef continues to narrow. Monday Select Chucks, Rounds and Flanks were selling higher than Choice cuts. Choice loins are just $17.00 over Select loins and Choice rib sections have narrowed with Select with Choice rib sections $31.07 over Select. Consumers are quickly becoming price conscience and are buying lower priced beef.
Pork carcass prices are starting the year out lower with losses to all primal cuts lower except ruts and ribs. The 5 day average for hams is 63.40 with the daily price Monday at 60.43. Loins are down to 79.44 and daily at 75.42.
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