Fowl Play
from Market Trends with Tracy Hosted by Saval Foodservice
Production is steady. Prices dipped. But nearly 5 million birds are gone – and migration season is just getting started. BEEF: Harvest rose to 541K head, but we’re still running well behind last year. Middle meats are inching higher, especially strips, while chucks soften and grinds slip again (for now). Production isn’t growing. Plan accordingly. POULTRY: Production is up 2% year over year, but the early-year price run just stalled. Wings, breasts, and tenders dipped slightly. Meanwhile, avian flu hit hard again, and spring migration could make things interesting. GRAINS: Soy oil is moving higher for a second straight week, surprising given the supply. Corn slipped back, wheat flat. Right now, soy has the spotlight. PORK: Bellies climbed again to $138 and still look headed higher. The rest of the complex is steady and balanced. Nothing dramatic… yet. DAIRY: Dairy has direction. Block jumped, butter keeps recovering, barrel ticking up. Momentum is building. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn
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Production is steady. Prices dipped. But nearly 5 million birds are gone – and migration season is just getting started. BEEF: Harvest rose to 541K head, but we’re still running well behind last year. Middle meats are inching higher, especially strips, while chucks soften and grinds slip again (for now). Production isn’t growing. Plan accordingly. POULTRY: Production is up 2% year over year, but the early-year price run just stalled. Wings, breasts, and tenders dipped slightly. Meanwhile, avi...
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