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Dairy Finally Broke
Manage episode 421318734 series 3011013
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Avian Flu just won't go away. This week, 4.2 million egg-laying chickens were lost to the virus. The Netherlands is testing two vaccines, so we'll see how that goes. This won't cause any shortages in chicken but will increase pricing. With demand remaining strong, this market should continue to move higher.
Beef production was up this week, but the market is still short and pricing is increasing. Waiting to buy will cost you money.
Bellies closed down from last week, but pork production is starting to slow as the weather gets warmer. This should move pricing higher for bellies. Other cuts are holding steady but we think the next move will be higher.
The dairy market finally broke with barrel, block, and butter all down.
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