Competing Proteins: Beef, Chicken Market Slide Last Week While Pork Advances Slightly
SEAFOODNEWS.COM [Urner Barry Newswires] Jamie Chadwick - July 18, 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.
The pace of trade has certainly slowed in the beef market, as reported last week following lower cutouts again. The Choice cutout, which represents a composite value of the carcass based upon prices paid for primal cuts, fell 0.52% while Select was down 1.15%. In general, the doldrums of summer are said to be contributing pressure to the complex...
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