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The Retail Rundown: Higher Priced Steaks This Father's Day
Heading into Father's Day weekend, beef features climbed to the top spot with 29.6% of total retail buying opportunities. Pork followed with 26.2% of total protein ad space. Seafood features came in at 23.3%, while chicken features account for 13.2%.
According to the National Retail Federation and as reported by Urner Barry’s Ryan Doyle, spending for Father’s Day this year is expected to reach a record-high $22.9 billion, up from last year’s $20 billion. The previous record was held by 2021 at $20.1 billion...
The Retail Rundown: Is Chicken Wing Demand a Slam Dunk this March Madness?
Yesterday tipped off March Madness, the NCAA Division I Men's Basketball Tournament that runs through April 3. This tournament typically increases the consumption of game-day foods like chicken wings, particularly at foodservice outlets.
This year, however, wing demand leading up to this year's 84th annual edition of the tournament appears to be lackluster, according to Urner Barry market reporter Matt Busardo.
“It’s important to note that with wings moving into March Madness, it’s not like the Super Bowl where...
ANALYSIS: Shifting Market Dynamics Alter Trend Between Cattle and Corn Prices
ANALYSIS: Inside Rounds Witness Post-Valentine's Bump to Highest February Price in Decades
ANALYSIS: Lighter Cattle Weights and Reduced Output Pull YTD Beef Production Lower
ANALYSIS: A Seasonal Snapshot of Christmas and Easter's Boost to Lamb Leg Sales
ANALYSIS: A Closer Look at Formula vs. Negotiated Sales in the Boneless Beef Segment