The beef cutout values inverted on Tuesday with the Select cutout worth more than Choice. “Specialty cuts are not selling, and the cheaper products have higher demand,” said Jacob Burks, market analyst, AgMarket.Net. “I made the comment that we should probably just buy the steaks and grind them up to have burger; that’s what you’re looking at with that kind of inverse.”
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.