ANALYSIS: Lamb Racks Heading into Valentine's Day: Is Demand Holding Up?
With the domestic lamb market, everything is relative compared to previous years. 15 of the 18 domestic lamb items Urner Barry quotes are at 52-week lows. Many would look at the price sheet and gaze upon a sea of red and think that the situation is bleak, but when compared to pre-pandemic years, prices are extremely elevated.
Take the 204 Rack 8-Rib, 7/UP for example, the current price is $1135/CWT on a weekly average basis, which is well below what we...
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