# Thinking through virtues of a boxed beef index

> The CME Group launched a Boxed Beef Index on March 5, a five-day volume-weighted average of Choice and Select cutout values. The index could serve as an alternative to negotiated base prices in formula pricing cattle.

- Date: 2021-05-24 · published 2021-05-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47229-thinking-through-virtues-of-a-boxed-beef-index
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A boxed beef benchmark could change how fed cattle are priced, potentially shifting cash cattle values up or down relative to current negotiated bases.

## Read by commodity

- LCATTLE: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/livestock/thinking-through-virtues-of-a-boxed-beef-index

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.