Choice boxed beef prices are down another $2.39 on Tuesday, hitting $249.70. This is the first time beef prices have dropped below $250 in the past few weeks. The 27-day average is still above the $250 mark, landing at $251.89.
Select boxed beef prices hit $242.56 on Tuesday, dropping another $3.47. The 27-day average price is now $242.92.
Not even choice primal rib prices were safe on Tuesday, as they also fell by $2.29. Tuesday saw prices of $333.54. Choice primal chuck prices dropped $2.05 and choice primal round dropped $2.11.
|Boxed Beef Report (AM)|