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2025 Markets Kick-Off
Manage episode 459112707 series 3011013
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Last week's holiday-shortened production of 434K head and this week's reduced schedule has tightened beef inventories to start the year. While ribeyes and tenderloins continue to decline in value, rounds, chucks, and grinds are climbing, with forecasts pointing to higher beef prices and lower per capita consumption in 2025.
Chicken prices are steady, with 2024 production up 2% over 2023 and projections for stable production and slightly lower pricing in 2025. However, the avian flu outbreak remains severe, with over 17.7 million birds affected in the last 30 days and no signs of improvement.
Pork bellies dropped to $112, making it a good time to buy, with prices expected to rise through winter. 2025 forecasts show increased production due to lower feed costs and steady pricing, while boneless loins, ribs, and butts remain solid values.
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