ANALYSIS: U.S. Imported Beef Least Cost Formulation Effects on Mixed Trimmings 85% in Fall 2024

Throughout the course of October, Aus/NZ MXT 85 on the spot market dropped in value by $18/cwt after trading at $289/cwt levels at the end of September. Entering November, the number was at $271/cwt and has remained generally steady at that mark.

End users of boneless beef trim typically use different lean percentage items to formulate their finished products. Given this flexibility, buyers can select from different trim options based on price and specific...

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