Episode Details

Last week’s harvest of 622K was up from the prior week of 613K but still well below what we would expect this time of year and a good 25 -30K head below last year.  There is some consensus we will stay in this reduced production cycle well into summer which may make beef a luxury choice.  The continuing “bargain” pricing in chicken and pork will be a drag on these moves higher, but only so much.  Looking at next week, with pretty moderate demand, all segments are moving higher, middle meats, chuck, grinds especially, so I’m back to the advice if you need it buy it, waiting will cost you money.   Beef is shaping up to an expensive spring and summer buy.  

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