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Beef, Veal and Lamb Report
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Beef, Veal and Lamb Report
Beef, Veal & Lamb- Beef production last week rose 1.8% but was 1.4% less than last year. Lower cattle weights could temper beef output this month. The beef markets are mixed but mostly steady to lower. Labor Day holiday buying has culminated. Buyers are limiting purchases with shipment volumes during the last ten days historically light. This is a sign that the beef markets could weaken in the coming weeks. Still, relatively limited cattle supplies and lighter cattle weights are anticipated to continue to support most beef markets well above the previous year levels this month.
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Market Trend |
Supplies |
Price vs. Last Year |
Live Cattle (Steer) |
Decreasing |
Good |
Higher |
Ground Beef 81/19 |
Increasing |
Good |
Higher |
Ground Chuck |
Decreasing |
Good |
Higher |
109 Export Rib (choice) |
Increasing |
Good |
Higher |
109 Export Rib (prime) |
Increasing |
Good |
Higher |
112a Ribeye (choice) |
Decreasing |
Good |
Higher |
112a Ribeye (prime) |
Increasing |
Good |
Higher |
116 Chuck (choice) |
Decreasing |
Good |
Higher |
120 Brisket (choice) |
Decreasing |
Good |
Higher |
121c Outside Skirt (ch/sel.) |
Increasing |
Good |
Higher |
167a Knckle, Trimmed (choice) |
Steady |
Good |
Higher |
168 Inside Round (choice) |
Decreasing |
Good |
Higher |
174 Short Loin (choice 0x1) |
Decreasing |
Good |
Higher |
174 Short Loin (prime 2x3) |
Increasing |
Good |
Higher |
180 1x1 Strip (choice) |
Increasing |
Good |
Higher |
180 1x1 Strip (prime) |
Decreasing |
Good |
Higher |
180 0x1 Strip (choice) |
Decreasing |
Good |
Higher |
184 Top Butt, boneless (choice) |
Increasing |
Good |
Higher |
184 Top Butt, boneless (prime) |
Increasing |
Good |
Higher |
185a Sirloin Flap (choice) |
Decreasing |
Good |
Higher |
185c Loin, Tri-Tip (choice) |
Decreasing |
Good |
Higher |
189a Tender (select, 5 lb & up) |
Increasing |
Good |
Higher |
189a Tender (choice, 5 lb &up) |
Increasing |
Good |
Higher |
189a Tender (prime, heavy) |
Decreasing |
Good |
Higher |
193 Flank Steak (choice) |
Decreasing |
Good |
Higher |
50% Trimmings |
Decreasing |
Good |
Higher |
65% Trimmings |
Decreasing |
Good |
Higher |
75% Trimmings |
Decreasing |
Good |
Higher |
85% Trimmings |
Decreasing |
Good |
Higher |
90% Trimmings |
Decreasing |
Good |
Higher |
90% Imported Beef (frozen) |
Increasing |
Good |
Higher |
Veal Rack (Hotel 7 rib) |
Increasing |
Good |
Higher |
Veal Top Round (cap off) |
Steady |
Good |
Higher |
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