Competing Proteins: Pork Market Gained Last Week While Chicken Steadies Due to Storm Impacts
SEAFOODNEWS.COM [Urner Barry Newswires] Jamie Chadwick - October 17, 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.
In the beef complex, packers continued to struggle with moving spot production last week. The Choice cutout, which represents a composite value of the carcass based upon prices paid for primal cuts, was down 1.3% from the previous week. Select fell 1.5%.
Looking at pork, last week broke a 3 consecutive week streak of 500 million pounds of production due to flooding from...
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