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Pork Bellies Rally On
Manage episode 430868584 series 3011013
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The beef market continues to correct on middle meats, especially the strip loin. Ribeyes and tenderloins are coming down as well. Grinds continue to be the focus with chucks and rounds holding on pricing.
Poultry production is up 2% over last year, finally meeting the strong demand. If this continues, we may see the market ease up a bit. Four new cases of Avian Flu were reported affecting 301k birds.
Pork bellies are up again this week, with a few more weeks of increases expected. Butts, loins, and ribs are holding steady and continue to be a good buy.
We'll keep an eye on excessive heat and how that could reduce the milk output.
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