This Week in Retail: A Look at Holiday Ribs and Hams
The standing rib roast or holiday ham is a traditional centerpiece at the Christmas dinner table. With a little over two weeks to go until Christmas, wholesale buyers are completing their holiday purchases and will increasingly showcase these popular items at retail.
For the wholesale rib market, prices are under significant pressure following a record-shattering peak at nearly $615/cwt in late September, according to Urner Barry’s Choice quotation. Typically, the wholesale rib market begins its seasonal advance from September through around mid to late November as retailers secure inventory for the holiday.
At present, the rib cutout is in an inverse price trend compared to 2020, which saw record-high levels for this time of year...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.