Dairy Heats Up While Beef Begins To Stick to Tradition (Three Weeks Late)
Manage episode 353074830 series 3011013
So this market is turning out like I expected, just about three weeks late. Ribeyes and tenderloins and giving ground, even though they are historically high for January they are heading in the right direction… down. Strip Loin and Short Loins are picking up that market pricing moving higher along with grinds. Chucks and rounds seem to be just churning steady right now. Production last week was back to non-holiday totals with 661K head harvested up from the holiday short week of 563K head the week prior. The next big beef holidays are Valentine’s day and St Patrick’s Day. With this very late movement lower on middle meats the bump for Valentine’s day we usually see should be pretty muted.
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