Market Conditions

May 2017 Market Conditions

BEEF Boneless beef stocks have declined in the last few months. This, along with low cattle weights, could be supportive of the beef trim and …

April 2017 Market Conditions

BEEF Strong year over year gains in weekly beef output are anticipated this spring. This should limit the seasonal upside move in the steak middle …

February 2017 Market Conditions

BEEF The beef markets have been fairly flat as of late due to improved production and slower spot shipments. Still, beef packer margins have deteriorated …

January 2017 Market Conditions

BEEF The beef markets have generally firmed during the last few weeks as retailers continue to schedule feature activity. The four-week sum of forward beef …

December 2016 Market Conditions

BEEF Impressive year over year gains in beef output are projected to persist this winter. Further, beef cow slaughter has been strong, trending at some …

November 2016 Market Conditions

BEEF Cattle futures have likely found a seasonal bottom with the markets starting to firm. The low beef prices appear to be encouraging retailers to …

October 2016 Market Conditions

BEEF The ground beef and trim markets are mostly trading well below the prior year levels due to ample supplies. However, ground beef demand is …

August 2016 Market Conditions

BEEF Top round and ribeye prices are increasing as supplies exceed demand. The market is lower on skirts, loins and choice strips, though history suggests …

July 2016 Market Conditions

BEEF The beef markets have been fairly resilient as of late, especially loins, due to strong retail and foodservice activity. History suggests that sharp loin …

June 2016 Market Conditions

BEEF Beef demand improved last week with beef shipments reaching a three-week high. Fathers’ Day and the Fourth of July holiday feature planning could underpin …