ANALYSIS: Grilling Season Heats Up as CAB Bone-In Strip Prices Reach Year-High

As we head towards Father’s Day weekend, the Certified Angus Beef® market has witnessed some uplift around many of the cuts that are favorites during grilling season. The bone-in 1x1 shells are no exception. Since about mid-April, bone-in strips have witnessed a steady climb and have even surpassed levels seen this time of year. From April 22, prices have jumped by 17% in what has developed into a more traditional spring run-up...

ANALYSIS: Inside Skirts Defy Seaonality, Hitting Record Highs

The beef markets have become a bit stale as of late but there continues to be some outsized moves going slightly under the radar. One of which, the Certified Angus Beef® Inside Skirts, just posted new all-time highs at nearly $8.12/lb. This may have some on the buyside scratching their heads a bit given the date on the calendar. But when you consider slaughter and production levels, this does not seem surprising anymore, as it seems there is interest in getting ahead of the much-anticipated seasonal rally...

ANALYSIS: Strong Quality Grade, Demand Lull, Dampens Certified Angus Beef® Rib Prices

A lull in demand and an over-performing quality grade have led to a lackluster situation within the Certified Angus Beef® (CAB) rib primal. Both bone-in and boneless product are stuck below year-ago levels. Urner Barry’s CAB Lip-On UP quote is currently listed at $10.75/lb., about 2% below this time last year. The prices have also plummeted about 17% year-to-date but sit about 18% higher than the five-year average...