Jump to content
  • entries
    4
  • comments
    4
  • views
    888

Joel's Market Analysis 2-22-19


Joel

787 views

Nationwide Market Report:   As of 2 pm Friday Feb  22

  • Beef 🐄 – Beef slaughter is down to approximately 596,000 from 614,000 the previous week.  Prime grade back up to 9.12%, Choice 73.88%, Select 14.20%.  Live weights were in line with last week but down 3 pounds at 1,373 lb average and dressed weights at 824 lb average
  • Pork 🐖 –.  Pork slaughter under FIS-SJ LS710 was at 2,362,000.  Primal values appear to be going down on butts, picnics, and bellies.    Wenneman bacon prices are now reflecting the trend. 
  • Chicken 🐓 –   Weekly broiler-fryer slaughter under federal inspection for the week ending 23-Feb-19 is estimated to be 163,498,000 head up 1.19 percent from a week ago, and up 0.76 percent from a year ago. (Last week 161,570,000, last year 162,267,000)   Some chicken prices are expected to go up slightly in the short future.

Information above obtained from various USDA web sites

2 Comments


Recommended Comments

Holy Cow... literally...  That's a pretty neat look at the market breakdown.   I never knew what numbers of cattle, hogs or chickens were killed each week.    Thanks for the update, I hope to see what happens next week...   How often will you be doing an update?    

Keep up the great work!!👍

Link to comment
Guest
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...