Cut Price Slides USDA/AMS weekly reported negotiated wholesale - PowerPoint PPT Presentation

Cut Price Slides • USDA/AMS weekly reported negotiated wholesale prices (national FOB plant) • 5-year averages for 2015-2019 • % change shows the change between 2020 and 2019 prices

Pork Cuts

Heavy Bone-in Hams $1.10 $1.00 $0.90 $0.80 $0.70 $/lb. 5-year avg $0.60 2019 $0.50 2020 -11% $0.40 $0.30 $0.20 1/6 1/27 2/17 3/10 3/31 4/21 5/12 6/2 6/23 7/14 8/4 8/25 9/15 10/6 10/27 11/17 12/8 12/29 Source: USDA/AMS, 23-27#

U.S. 3 Muscle Ham to Blue $2.00 +42% $1.80 $1.60 5-year avg $/lb. 2019 $1.40 2020 $1.20 $1.00 $0.80 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Rollout Hams Bnls Boxed $2.00 $1.80 $1.60 5-year avg +10% $/lb. 2019 $1.40 2020 $1.20 $1.00 $0.80 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

U.S. Pork Belly Primal $1.90 $1.70 $1.50 $1.30 5-year avg $/lb. $1.10 2019 $0.90 2020 -34% $0.70 $0.50 $0.30 $0.10 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Derind Belly 9-13# Boxed $3.10 $2.90 $2.70 $2.50 5-year avg $2.30 $/lb. 2019 $2.10 2020 -27% $1.90 $1.70 $1.50 $1.30 $1.10 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, vacuum packed

U.S. Pork Picnic Primal $1.10 $1.00 $0.90 $0.80 $/lb. $0.70 5-year avg 2019 $0.60 +0% 2020 $0.50 $0.40 $0.30 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

U.S. Pork Picnic Cushion Meat $2.00 $1.80 $1.60 $/lb. 5-year avg $1.40 2019 +11% 2020 $1.20 $1.00 $0.80 $0.60 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, vacuum packed

U.S. Pork Picnic Meat, boxed cushion-out FZN $1.50 $1.40 $1.30 $1.20 $1.10 5-year avg $/lb. $1.00 2019 +10% $0.90 2020 $0.80 $0.70 $0.60 $0.50 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, Boxed Cushion Out, FZN

U.S. Pork Loin Primal $1.65 $1.55 $1.45 $1.35 $1.25 $1.15 $/lb. 5-year avg $1.05 2019 $0.95 2020 +1% $0.85 $0.75 $0.65 $0.55 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Pork Loin $2.20 $2.00 $1.80 $1.60 5-year avg $/lb. 2019 $1.40 2020 $1.20 $1.00 $0.80 -4% $0.60 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, ¼ in trimmed, vacuum packed

Pork Tenderloin $3.20 $3.00 $2.80 $2.60 5-year avg $2.40 $/lb. 2019 $2.20 2020 $2.00 +4% $1.80 $1.60 $1.40 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Pork Boneless Sirloin $2.00 $1.80 $1.60 5-year avg $/lb. 2019 $1.40 2020 +7% $1.20 $1.00 $0.80 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

U.S. Pork Rib Primal Value $2.10 $2.00 $1.90 $1.80 $1.70 5-year avg $1.60 $/lb. 2019 $1.50 2020 $1.40 +12% $1.30 $1.20 $1.10 $1.00 $0.90 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Pork St. Louis Spareribs $3.00 $2.80 $2.60 5-year avg $2.40 2019 $/lb. +18% 2020 $2.20 $2.00 $1.80 $1.60 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, vacuum packed

Pork Medium Trimmed Spareribs $2.40 $2.30 $2.20 $2.10 $2.00 $1.90 5-year avg $1.80 $/lb. $1.70 2019 $1.60 2020 $1.50 +22% $1.40 $1.30 $1.20 $1.10 $1.00 $0.90 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, frozen

U.S. Pork Butt Primal $1.70 $1.60 $1.50 $1.40 $1.30 $1.20 $/lb. 5-year avg $1.10 2019 $1.00 2020 $0.90 $0.80 -17% $0.70 $0.60 $0.50 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Pork Boneless Butt $2.30 $2.20 $2.10 $2.00 $1.90 $1.80 5-year avg $1.70 $/lb. $1.60 2019 $1.50 2020 $1.40 $1.30 $1.20 $1.10 -4% $1.00 $0.90 $0.80 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, ¼ in trimmed, vacuum packed

Pork Bone-in Butt $2.10 $2.00 $1.90 $1.80 $1.70 $1.60 5-year avg $1.50 $/lb. $1.40 2019 $1.30 2020 $1.20 $1.10 $1.00 $0.90 -25% $0.80 $0.70 $0.60 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, ¼ in trimmed, 1 PC, vacuum packed

Pork 42% Trim Boxed $1.10 $1.00 $0.90 $0.80 5-year avg $0.70 $/lb. 2019 $0.60 2020 $0.50 -25% $0.40 $0.30 $0.20 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Pork 72% Trim Boxed $1.60 $1.50 $1.40 $1.30 $1.20 5-year avg $1.10 $/lb. 2019 $1.00 +14% $0.90 2020 $0.80 $0.70 $0.60 $0.50 $0.40 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Beef Cuts

Choice Ribeye $12.00 $11.50 $11.00 $10.50 $10.00 5-year avg $9.50 2019 $/lb. $9.00 2020 $8.50 $8.00 $7.50 -8% $7.00 $6.50 $6.00 $5.50 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, boneless heavy

Upper 2/3 rd Choice Ribeye $13.00 $12.50 $12.00 $11.50 $11.00 5-year avg $10.50 $/lb. 2019 $10.00 $9.50 2020 $9.00 $8.50 $8.00 $7.50 -7% $7.00 $6.50 $6.00 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, boneless heavy

Choice Ribeye – boneless light $12.00 $11.50 $11.00 $10.50 $10.00 5-year avg $9.50 2019 $/lb. $9.00 2020 $8.50 $8.00 $7.50 -4% $7.00 $6.50 $6.00 $5.50 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, boneless light

Choice Tenderloin $14.00 $13.00 $12.00 $11.00 5-year avg +0% $/lb. $10.00 2019 $9.00 2020 $8.00 $7.00 $6.00 $5.00 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, trimmed heavy

Upper 2/3 rd Choice Tenderloin $16.00 $15.00 $14.00 $13.00 $12.00 5-year avg $/lb. $11.00 2019 $10.00 2020 -4% $9.00 $8.00 $7.00 $6.00 $5.00 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, trimmed heavy

Choice Strip Loin Boneless 0x1 $11.50 $11.00 $10.50 $10.00 $9.50 $9.00 5-year avg $8.50 2019 $/lb. $8.00 $7.50 2020 $7.00 $6.50 $6.00 $5.50 -12% $5.00 $4.50 $4.00 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 12/7 10/26 11/16 12/28 Source: USDA/AMS

Upper 2/3 rd Choice Strip Loin Boneless 0x1 $13.50 $12.50 $11.50 $10.50 5-year avg 2019 $9.50 $/lb. 2020 $8.50 $7.50 $6.50 $5.50 -10% $4.50 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Choice Beef Sirloin Tri-Tip $8.50 $7.50 $6.50 5-year avg $/lb. 2019 +22% $5.50 2020 $4.50 $3.50 $2.50 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, 185D 4

Choice Beef Loin Top Butt, boneless $8.40 $7.60 $6.80 $6.00 5-year avg $/lb. 2019 $5.20 2020 $4.40 +10% $3.60 $2.80 $2.00 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 12/7 10/26 11/16 12/28 Source: USDA/AMS, 184 3

Choice Bone-in Short Ribs $6.40 $6.00 $5.60 $5.20 $4.80 5-year avg $4.40 2019 $/lb. -18% $4.00 2020 $3.60 $3.20 $2.80 $2.40 $2.00 $1.60 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Choice Bone-in Chuck Short Ribs $4.60 $4.40 $4.20 +23% $4.00 5-year avg $3.80 2019 $/lb. 2020 $3.60 $3.40 $3.20 $3.00 $2.80 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Choice Chuck Roll 1x1 $6.30 $5.80 $5.30 $4.80 5-year avg $/lb. 2019 $4.30 2020 $3.80 $3.30 +1% $2.80 $2.30 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS

Choice Chuck Shoulder Clod $7.30 $6.80 $6.30 $5.80 $5.30 5-year avg $/lb. $4.80 2019 $4.30 2020 $3.80 $3.30 $2.80 -12% $2.30 $1.80 1/6 1/27 2/17 3/9 3/30 4/20 5/11 6/1 6/22 7/13 8/3 8/24 9/14 10/5 10/26 11/16 12/7 12/28 Source: USDA/AMS, trimmed