ANALYSIS: Tom Breast Meat: Off Piste
As we crawl out of “deli season” turkey market participants are paying particularly close attention to the breast meat market and all it takes is one glance at this week’s chart to understand why.
Since the outset of Q3, fresh tom meat has shed 4.1%, or $0.11/lb. While these figures might seem like a mere rounding error at first glance, they stand out like a sore thumb when compared to the established seasonal trend.
Over the past decade, spot quotations have notched upward by just shy of 9% throughout the quarter as...
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