ANALYSIS: The September Split That Can Occur Between Domestic and Imported Boneless Beef

First, domestic offerings have increased seasonally into fall. Cow slaughter rises and fed-cattle kills run heavy just as summer grilling demand fades, so lean and fat trim availability grows into a softening market.

Second, fat trim specifically has been volatile especially to the downside. The 50s market clears on immediate processor demand, so once that demand softens, price gaps have opened fast; several years show the weighted average dropping significantly in a single...

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