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Joel's Market Analysis 3-1-19


Joel

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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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Joel, I have to say that no other meat provider gives me a weekly report, and I look forward to all the information you share each week in this short USDA report, as well as all the other information you include each week.  Keep me ON your email list!!!   Thanks👏

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