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Beef Cutbacks Surprise Tracy
Manage episode 420805161 series 3011013
محتوای ارائه شده توسط Saval Foodservice. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Saval Foodservice یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Beef production cutbacks were a bit stronger than I expected with 598K head harvested last week, well down from 622K the week prior. Last year saw 640K head harvested so production going into the summer season is being restrained to push prices higher. And they are pretty successful looking at the cutout. We have higher prices right rolling in as tightened supplies have done their job and will continue for at least the next several weeks. This is a time when you need to buy what you need now, waiting will cost you money. The beef complex is moving higher, pretty much across the board. Packers have signaled they plan to continue with reduced harvest to keep the market up. We’ll see how long this continues but right now it is effectively moving prices higher.
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