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)
 
 
Boxed Beef Wed
Jan 21
Thu
Jan 22
Fri
Jan 23
Mon
Jan 26
Tue
Jan 27
Change Report
  Boxed Beef - Choice 258.95 255.91 253.88 252.09 249.70 -2.39 Report
  Boxed Beef - Select 249.56 249.12 249.43 246.03 242.56 -3.47 Report
  Boxed Beef - C/S Spread 9.39 6.79 4.45 6.06 7.14 1.08 Report
Primal Values: Choice Wed
Jan 21
Thu
Jan 22
Fri
Jan 23
Mon
Jan 26
Tue
Jan 27
Change Report
  Rib 337.52 332.52 333.19 335.83 333.54 -2.29 Report
  Chuck 233.87 230.52 224.16 221.09 219.04 -2.05 Report
  Round 239.49 236.65 236.49 234.15 232.04 -2.11 Report
  Loin 317.21 315.44 315.42 312.24 309.54 -2.70 Report
  Brisket 235.87 236.54 230.60 230.80 228.79 -2.01 Report
  Short Plate 191.49 184.82 186.02 187.61 183.57 -4.04 Report
  Flank 148.07 147.25 147.92 144.74 142.10 -2.64 Report
Loads Wed
Jan 21
Thu
Jan 22
Fri
Jan 23
Mon
Jan 26
Tue
Jan 27
Change Report
  Total 94.00 68.00 63.00 73.00 85.00 12.00 Report
  Choice 40.16 41.04 44.02 39.54 43.72 4.18 Report
  Select 29.99 13.88 8.25 9.70 17.70 8.00 Report
  Trimmings 6.67 2.76 4.25 10.41 11.95 1.54 Report
  Grinds 0.00 0.00 0.00 0.00 0.00 0.00 Report
Boxed Beef/Live Cattle Spread Wed
Jan 21
Thu
Jan 22
Fri
Jan 23
Mon
Jan 26
Tue
Jan 27
Change Report
  CME Live Cattle 153.70 153.35 150.35 149.83 -- -0.52 Report
  BBLC Spread 105.25 102.56 103.53 102.26 -- -102.26 Report
Boxed Beef/Pork Carcass Spread Wed
Jan 21
Thu
Jan 22
Fri
Jan 23
Mon
Jan 26
Tue
Jan 27
Change Report
  Pork Carcass 86.00 84.56 83.71 85.76 82.74 -3.02 Report
  BBPC Spread 172.95 171.35 170.17 166.33 166.96 0.63 Report
Boxed Beef/Chicken Breast Spread Tue
Jan 20
Wed
Jan 21
Thu
Jan 22
Fri
Jan 23
Mon
Jan 26
Change Report
  Chicken Breast B/S 138.70 142.28 142.71 144.80 147.18 2.38 Report
  BBCB Spread 116.67 113.20 109.08 104.91 -- -104.91 Report
Other Tue
Jan 20
Wed
Jan 21
Thu
Jan 22
Fri
Jan 23
Mon
Jan 26
Change Report
  Daily Drop 15.24 15.18 15.21 15.32 15.26 -0.06 Report
  Cutter Cow Cutout 238.89 239.54 238.88 238.59 238.52 -0.07 Report
  Beef Carcass Price 244.49 242.90 241.62 240.04 238.09 -1.95 Report
  Estimated Slaughter 112,000 110,000 104,000 108,000 112,000 4,000 Report