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Winner Winner Chicken Dinner
Manage episode 402565801 series 3011013
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Beef harvest is down for another week with expectations of going below 600k next week. Packers are lowering the harvest to keep inventories tight and push prices up. Next week should be a good buy opportunity. The next move will be higher prices for pretty much every item.
Chicken pricing continues on the current trend upward. Only two new cases of Avian Flu were reported, affecting 21,000 turkeys.
Corn is headed towards breaking that below $4 barrier. Soy is bouncing up and down. Wheat is moving lower.
Bellies closed just up from last week, but we still have a little more time before the big move higher starts. Butts are gaining more support, loins are still a great value, and ribs could actually get pricy moving into the summer.
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