The daily spot Choice box beef cutout ended the week last Friday at $213.42, which was just slightly higher compared to previous Friday. The same day last year it was $204.17, so it's year over year gains continue.
Deep diving in, the daily Choice rib primal was almost $3 higher and the loin primal was about $2 higher. The Choice rib primal ended the week $32 per cwt higher than the same day last year which has also helped to keep the Choice-Select spread much higher than 2018.
The weekly average Choice cutout, which includes all types of sales, including the daily Choice cutout was $211.09 which was $1.39 lower, even though the daily cutout was 62 cents higher. The daily sales numbers only included 719 loads. There were 7,151 total loads sold for the week which was a high number and 233 loads higher than the previous week.