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No Beef Market Momentum
Manage episode 417522178 series 3011013
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Beef pricing seems to remain the same despite the recent ramped-up production. The market feels flat with demand and pricing is flat to lower. We're heading into Memorial Day with no momentum in the beef market.
Chicken demand is still strong and production is up from last year. Pricing is up overall. This could be an expensive summer for chicken.
There is plenty of pork product and demand is okay. This is keeping prices pretty steady.
The CME does not seem to be slowing down on price increases.
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