Beef Goes Against The Grain | Holiday Prices Holding On

This time in January we should be seeing substantial discounting on ribeyes and tenderloins.  Not seeing any movement lower.  The premium holiday items are holding onto all those gains in December.  With the discounting on those middle meats we traditionally see increases on chuck, rounds strips and especially ground beef.  We are seeing those traditional seasonal increases.  With a total harvest of 547K head last week, down from the prior week’s 566K and this week will also be a holiday shortened work week sellers are showing they are confident they can move product at these reduced volumes.  I’m still holding onto a move lower for Ribeyes and tenderloins, but lets look for this move toward the end of the month.  An interesting start to 2023.  Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn