Choice Flap Prices Have Fallen 23% Since May. What Comes Next?

Key insights Choice flap prices fell to $765/cwt for the week ending August 2, the fifth consecutive weekly decline. Prices are down approximately $224/cwt, or 23%, from their May 31 level and about 20% from the comparable week in 2025. Machine Learning anticipates a late-summer rebound, while CME projects continued weakness through November.