Competing Proteins: Red Meat Markets Slide Last Week, Poultry Index Unchanged
SEAFOODNEWS.COM [Urner Barry Newswires] Jamie Chadwick - May 31, 2016
This recap of red meat, poultry and egg market action serves to provide our valued seafood subscribers with a simple snapshot of current conditions throughout competing proteins.
In the beef complex, the spot market saw a typical seasonal market tone develop with a mix of both stronger and weaker values. Volumes of trade improved from the week prior as buyers were in the market for additional procurement in anticipation of fairly strong retail business over the holiday weekend. The Choice cutout, which represents a composite value of the carcass based...
To Read Full Story Login Below.