Joel's Market Analysis 3-1-19
Nationwide Market Reports according to various USDA web sites, market discussion, and a somewhat educated guess:
Beef – Beef slaughter is down to approximately 577,000 from 596,000 the previous week. Prime grade back up to 9.30%, Choice 73.48%, Select 14.22%. Live weights averages were down 3 pounds at 1,368 lb average and dressed weights at 822 lb average
Pork –. Pork slaughter under FIS-SJ LS710 was at 2,257,000 down from 2,362,000. Primal values appear to be going up on everything, except pork butts. Only slight changes, except for pork bellies which was roughly a 4% increase.
Chicken – Weekly broiler-fryer slaughter under federal inspection for the week ending 02-Mar-19 is estimated to be 165,632,000 head up 3.39 percent from a week ago, and up 3.85 percent from a year ago. (Last week 160,194,000, last year 159,499,000)
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