The weekly average Choice beef cutout jumped $9.61 per cwt to $255.83 for the week ending Dec. 16. That marked a change from the weekly decline in value that had occurred for the last 5 weeks, since reaching $263.74 in the first week of November. All of the primal cuts increased in value except the rib. The loin, brisket, short plate, and chuck all increased by double digits, led by the loin that increased $14.89 per cwt. over the week before.
It looks like the rib hit its seasonal peak the first week of December at $515.47. The rib has declined almost $20 per cwt in the 2 weeks…
