ANALYSIS: Beef 50s Maintain Huge Premium Over Pork 42s
Throughout most of this year so far, fresh beef 50s have maintained a huge premium over fresh pork 42s. As of Monday afternoon, Urner Barry's fresh beef 50s quotation was $1.86 per pound, compared to 50 cents per pound for fresh pork 42s.
In 2023 so far, beef 50s have advanced by nearly 92% and eclipsed $2 per pound earlier this month. Over the same period, pork 42s lost about 13%. From a historical standpoint, beef 50s currently reside at near seasonal all-time highs, second only to 2017...
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