ANALYSIS: US Beef Buyers Pulled the Rally Forward, Why Choice Cutouts Strengthened in Late 2025

Expana Choice cutout values made a clear step higher in 2025, with both Q3 and Q4 posting meaningful year-over-year (YOY) gains compared to 2024. The back half of 2025 reflects a notable shift in pricing strength, driven by tighter availability and changes in buyer procurement behavior rather than seasonality alone. 

The Choice cutout in 2025 shows a clear step up from 2024 in both the third and fourth quarters. In Q3, 2025 averaged 377.26/cwt, a sharp increase...

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