This is usually a short term rise and should see prices soften later in October. Spread between Choice gradred products and Select is increasing. Historically, in October grading tends to drop off. Look for the spread to widen further. Packers will start to reduce kills which influences supply and availability.
Tenderloins continue to re-establish themselves.
Ribs cuts, as seasonally expected, are barely adequate compared to supply. Columbus Day sales featuring veal chucks and leg slices along with other cuts has pushed up the live market. This has lead to increases in pricing on all other carcass cuts. This is usually a short term rise and should see prices soften later in October. Columbus Day sales featuring veal chucks and leg slices along with other cuts has pushed up the live market.