The Markets Are Blooming 🌸 📈

Happy Spring!Beef: Warmer weather has jump-started the beef market, with strip loins and ribeyes seeing a price surge. Production is inching up, but inventories remain tight, and thin meats like flanks, sirloin flaps, and skirts will rise through Cinco de Mayo. Outside of grinds moving lower, waiting to buy could mean paying more later.Poultry: Chicken wings are dropping in price, while breasts continue to climb, and tenders remain steady. Production is up 3% from last year, but the hatch rate has dipped below the ideal 80%. Despite 11 new avian flu cases affecting 1.8 million birds – mostly egg layers – egg prices are still decreasing.Grains: Grain markets are steady, with corn up slightly and soy and wheat holding firm. Concerns are rising over U.S. export fees, which could impact shipments to China and disrupt commodity exports.Pork: Pork bellies dropped again to $137 from last week’s $145, with more potential downside ahead. Loins remain a great value, while butts are holding steady after recent price increases.Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn