ANALYSIS: Earlier Procurement Signals Structural Shift in US Beef Rib vs Strip Pricing
Looking back over the past four years, the months leading into the spring grilling season consistently show a transition between 0x1 strips and Choice bone-in ribs. Seasonally, rib prices decline following the Christmas and New Year holidays, eventually falling below 0x1 strip loins as buyers shift toward more cost-effective grilling options.
In both 2023 and 2024, rib and strip prices reached parity later in the season, mid-May 2023 at $8.22/lb and early...
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