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Turkey Takes Center Stage
Manage episode 450373992 series 3011013
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This week in beef markets is a repeat of last week, this market is shaping up to be a classic holiday market. The middle meats, strips, ribeyes and tenderloins all moving up again next week. Don’t expect any relief on middle meat pricing until the end of the year. This continues the advice to buy now, waiting will cost you money. Also same as last week, moving lower chucks and rounds, briskets coming off a bit, and grinds continue lower. With turkey taking center stage the next two weeks we may not see as middle meats moving up as fast, but they won’t be coming down. Productions holding up pretty well, 619K head harvested last week, up from 615 the week prior, still with very large animals, running 38 lbs. heavier than last year.
Episode Sources:
- Swine Reports | Agricultural Marketing Service (usda.gov)
- Barchart.com | Commodity, Stock, and Currency Quotes, Charts, News & Analysis
- Cheese Reporter - Cheese Prices
- Publication | Broiler Hatchery | ID: gm80hv35d | USDA Economics, Statistics and Market Information System (cornell.edu)
- Report-Estimated Weekly Meat Production Under Federal Inspection (SJ_LS712) | MMN (usda.gov)
- Report-National Steer & Heifer Estimated Grading Percent (NW_LS196) | MMN (usda.gov)
- Market News - Dairy - Home (usda.gov)
- 2022–2024 Detections of Highly Pathogenic Avian Influenza (usda.gov)
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