ANALYSIS: Shank and Ribeye Pricing Trends in Mexican Export Market
As we enter the final quarter of the year, two specific cuts have begun to exhibit notable activity within the Mexican export market: shanks and ribeyes.
In 2023, the behavior of shanks has been rather atypical. While this cut traditionally experiences a seasonal price surge in the last quarter of the year, followed by a decline in February, this year has seen a more modest fluctuation. This deviation can be primarily attributed to the limited inventories in the U.S. boxed beef market and the concurrent surge in...
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