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ANALYSIS: Ribeye to Strip Spread Continues to Widen Into Year-End
If we look at the chart for the spread (or price difference) between the ribeye and strip loin, it usually...
ANALYSIS: The Spread Between Wholesale and Retail Beef Prices
During the COVID-19, wholesale beef prices have moved through phases as the situation changed...
NCBA and NAMI Respond to USDA Report on Cattle Markets
The USDA suggested broader reporting requirements for meatpacking companies as it investigates cattle market movements driven by the coronavirus pandemic and a fire at a major beef plant. The USDA stated in a report in conjunction with the U.S. Department of Justice that it continues to investigate potential regulatory violations and anticompetitive conduct within the industry. However, the report does not detail any wrongdoing by meat processors.
“In its analysis of the effects of the fire and the pandemic, USDA found no wrong-doing and confirms the disruption in the beef markets was due to devastating and unprecedented events,” said North American Meat Institute President and CEO, Julie Anna Potts. “It is difficult to see how the USDA’s recommended legislative proposals would have...
ANALYSIS: Retail Beef and Broiler Prices At Highs, Pork Close
There was a change in leadership in food spend during the COVID-19, and it probably wasn’t unexpected given what transpired globally...
ANALYSIS: Chuck Contribution to Beef Cutout Making Major Moves
There has been a clear shift in demand patterns when looking at buying of boxed beef items during the current world pandemic. Middle meats, ribs and loins, typically...
Meatless Farm Launches New Plant-Based Breakfast Product in Canada
Imports Set New Record as Retailers Replenish Inventories and Stock Up Early for Holidays
Instacart Raises $200 Million in New Funding as Grocery Delivery, Pickup Booms During Pandemic
Red Meat Muscle Cut Exports Strong in August; Variety Meats Trend Lower
More Than 60% of Americans Have Dined In a Restaurant in the Past Month, Despite COVID-19 Concerns
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