Episode Details

Beef production was 664,000  head for last week, same as the week prior.  Chucks and rounds have found some support with pricing more up a bit.  Roast weather is coming soon and retail feature will be pulling on these items.  

Chicken is declining again. I thought we might be close to the bottom but apparently we have a bit farther to go. Wings are down, breast and tenders down as well. We are getting to the unhealthy lows where the packers lose money on every bird that is not an incentive to keep producing.  I’ve seen lower markets thank this, but not with $7 corn. 

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