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Proteins on the Rise
Manage episode 396355688 series 3011013
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Multiple storms in the Midwest have turned the beef market a little more quickly than expected. The decline in the middle meats should last one more week. We'll most likely see increases in the last week of January. Next week is the time to buy middle meats, everything else is buy it now, it will cost more money later.
Chicken is up again for next week with wings, random breasts, and tenders all moving higher right up to the Super Bowl, but this year will be "reasonable" compared to previous years. On the Avian Flu front, it was a pretty quiet week. Let's hope for more continued good news there.
Bellies are up from last week, so if you were waiting to buy bacon in a declining market, you just missed it. Pricing will most likely continue to increase, but butts and loins are still a great value in pork.
Corn and soy harvests yielded more than we assumed. This has pushed pricing down. This will be an interesting market to watch this year.
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