Red Meat, Poultry and Egg Markets Fairly Flat Last Week
SEAFOODNEWS.COM- [Urner Barry Newswires] - Jamie Chadwick - April 20, 2015
Urner Barry's Choice beef cutout, which represents a composite value of the carcass based upon prices paid for primal cuts, rose 1% over the course of last week, mainly on strength seen in the loin complex as well as thin meats and trimmings. Notable gains were posted early on in the week, softening slightly however by week's end. Select was down 0.5%.
The pork carcass cutout was fairly flat last week, struggling to gain traction under high production and sluggish fresh pork sales. The cutout gained a modest $0.25/cwt. Pork packer margins dropped to the low single digits following a run of favorable margin levels...
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