us choice beef cutout price
Choice beef typically has more marbling or fat, making it juicier and more tender than select-graded beef. The day's wholesale price, or cutout, for choice beef hit $212.05 per hundredweight (cwt), eclipsing the previous May, 2013 record of $211.37, according to the U.S. Department of Agriculture. USDA pegged prices for select wholesale beef at $209.05 per cwt, almost $2.00 higher than Wednesday's record.