Competing Proteins: Beef, Pork and Egg Markets Slide Last Week
SEAFOODNEWS.COM By Jamie Chadwick - July 25, 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.
Demand for boxed beef remained suppressed last week. Oppressive heat and humidity across many regions of the U.S. played a role in lackluster retail business. Devalued middle meats forced carcass cutouts lower. The Choice cutout, which represents a composite value of the carcass based upon prices paid for primal cuts, fell 2.84% last week while Select was down 2.34%...
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