Pork Prices Up, Beef Values Down as Poultry and Egg Markets Report Mixed Trends in Trading Last Week
SEAFOODNEWS.COM [Urner Barry] by Jamie Chadwick - January 19, 2015
Pork prices were up while beef values ticked down in trading last week, largely dictated by supply related issues reports Urner Barry's Jamie Chadwick. Meanwhile, activity for both the poultry and egg markets was quite mixed depending on the region or item in question.
The pork cutout, which represents a composite value of the carcass based upon prices paid for primal cuts, gained 1.1% last week, proving to be resilient against market pressures like lagging exports and higher production levels. The strength came as a surprise to some, as cautious buyer mentality weighed on most fresh retail pork items...
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