THE PROTEIN PULSE PODCAST

Taco Meat Tuesday | October 6th, 2026

HOST: Welcome to The Protein Pulse Podcast — your daily market update on all things protein. This is Taco Meat Tuesday for October 6th, 2026, from The Sparks Group.

SHAWN: Ohhhhh yeahhh! Macho Man Randy Savage was selling Slim Jims before we started putting protein on just about everything. Today, meat sticks are competing for that same protein dollar with shakes, bars, yogurt and foods that have protein added to them. We already sell the real thing. But that alone doesn't mean we get the sale. FATTY is growing while Slim Jim is working to regain momentum. That tells me the appetite for protein is there, but consumers still choose the product, not just the category. I see an opportunity for our industry to earn more eating occasions outside breakfast, lunch and dinner. We spend plenty of time talking about the price of beef. We should also be asking how to make meat an easier choice when someone reaches for protein between meals.

HOST: Executive summary. Recovered processing has returned more beef to a cautious wholesale market. Ribs remain difficult to cover, while several loin and round items offer better negotiating opportunities. Imported lean continues to diverge by origin and delivery window. Chicken breasts and wings softened in the latest weekly report as boneless thighs strengthened. Pork's Monday rebound improved the tone, with gains concentrated in loins, picnics, ribs and bellies.

SHAWN: Cattle processing recovered last week, with slaughter reaching five hundred forty-eight thousand head — sixty-four thousand more than the previous week. That restored a meaningful amount of product after disruptions. Monday's cutouts rebounded. Choice closed at three seventy-eight twenty-six, up four oh seven. Select at three fifty-eight fifty-seven, up four oh eight. The spread is nineteen sixty-nine. Choice remained below the previous Monday's close. More beef is reaching buyers who continue to purchase largely for immediate needs. Ribs remain the clearest exception. Light material is short, and Choice ribs continue to hold elevated prices. Buyers with specific size requirements or committed holiday business have less flexibility than the broader cutout suggests. Peeled sirloin muscle outs, top butts and boneless strips are more accessible. Expensive ribs have not generated substantial substitution into loins, leaving sellers with available loin inventory and limited spillover demand.

HOST: Rounds offer more immediate purchasing leverage. Roasting demand has not developed enough to sustain previous support, and sellers discounted lingering inventories toward the weekend. The best opportunities involve a particular item, shipment date or inventory position. Grinding supplies became more balanced through the week, with some fattier blends remaining in inventory. Domestic lean boneless strengthened Monday while eighty-five percent trim weakened. Fresh nineties four oh two. Fresh eighty-fives three twenty-seven. Fresh fifties ninety-six cents, from October 2nd. Steer and heifer ground beef eighty-one percent, three thirty-nine. Eighty-five percent, four oh seven. That divergence changes blend economics, especially where imported lean can cover the required production week.

SHAWN: South American nineties were indicated at three oh five to three twelve, free on board Philadelphia, for second-half October and November delivery. Australian and New Zealand cow product was indicated at three thirty-seven to three forty-two on an East Coast port basis. November Australia and New Zealand shipment indications were around three twenty, cost insurance and freight Philadelphia. Nearby South American product offers competitive coverage, but future Oceania replacement supply faces a different demand picture. Chinese buying of New Zealan