ANALYSIS: Strip Loin Outperforming Typical Seasonality Following Father's Day Boom
Strip loin prices tend to rally into June as Father's Day business is a strong period for sales.
The red line in the chart below shows this seasonality, with higher highs seen in 2023 compared to the previous two years. With early July prices sitting at about $10.00/lb., the only outperformance was 2020.
On an absolute basis, the 44.5 percent rally from the beginning of the year has shown a strong performance. But relatively speaking, the same can...
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