Competing Proteins: Beef Market Finds Foothold; Chicken, Egg Complex Remain Under Pressure
SEAFOODNEWS.COM [Urner Barry Newswires] Jamie Chadwick- October 12, 2015
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.
Beef prices appeared to finally find a foothold in trading late last week, tempering losses following the recent string of incredibly steep declines occurring since mid-August. The Choice cutout, which represents a composite value of the carcass based upon prices paid for primal cuts, fell 0.72% overall while Select was down 1.52% last week. Much of the strength occurred in the rib ...
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