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High Steaks & Market Shakes
Manage episode 483150873 series 3011013
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BEEF 🥩
Record-breaking cattle prices, border closures, and tight supply are all putting heat on the beef market. Grinds are leading the charge, and summer grilling might come with sticker shock.
POULTRY 🐔
Chicken stays hot as demand rises and beef prices push more eyes to poultry. Wings still can’t catch a break, but breasts and tenders are on the move. Avian flu update: a few new cases, mostly turkeys.
GRAINS 🌾
Corn and soy planting are ahead of schedule and looking strong. Soy demand is picking up – could be setting the stage for a long-awaited lift. Wheat’s holding steady.
PORK 🐖
Bellies are creeping up but likely holding steady for a bit. Butts are building some momentum, while loins remain the sleeper deal in the protein world.
DAIRY 🧀
A quiet week with mixed moves on the board – barrel down, block and butter up just a touch. Bigger shift coming in June as barrel pricing gets phased out, but for now, expect a slow and steady climb.
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