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EU Egg Market Sentiment Heading Into Summer
As the EU egg market moves into the summer period, sentiment is becoming increasingly two-sided. Summer is traditionally marked by a seasonal slowdown in trading activity, as consumer habits shift and production schedules ease.
This seasonal dip has already begun to take hold, with buying interest noticeably subdued throughout May. However, the usual expectations of softer summer demand are being weighed against a backdrop of heightened supply-side risk. Concerns over future availability, particularly following avian influenza-related flock reductions in Poland—are beginning to shape market psychology...
Cargill Forecasts a Sizzling Start to Summer Grilling this Memorial Day
As millions of Americans mark the start of summer this Memorial Day weekend, Cargill is forecasting a strong demand for protein as grills fire up across the country. The company expects that many consumers will prioritize affordability without sacrificing taste by seeking out staples like ground beef, chicken and hot dogs.
Nearly 9 of 10 consumers say they’re ready to grill this summer, with approximately half of them planning to do so weekly. Beef (79%) and poultry (64%) remain the top choices for the grill...
The Retail Rundown: Unsettled Start to August
August began with a sharp decline in the global market, triggered by weak U.S. economic data and disappointing labor market figures. Traders are also assessing corporate earnings and the Federal Reserve's stance on interest rates amid concerns of a U.S. economic slowdown.
This volatility extended into the commodity markets, causing feeder cattle futures to hit new lows earlier this week. However, U.S. stocks ended higher on Tuesday, breaking a three-day streak of significant losses. While overall market sentiment remains unsettled, the retail landscape is expected to enjoy a more stable environment as...
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