U.S. Meat Squeeze Eases on Plant Revival, Slack in Demand

[KenH]

“Wholesale beef prices have declined six straight days, dropping 15% from a record of $475.39, the biggest such drop since 2011, U.S. Department of Agriculture data showed Wednesday.

Pork prices climbed for the first time in four days but are still 18% below a five-year high of $121.66 per 100 pounds. Tuesday’s decline of 9% was the largest drop since 2017.”

Bloomberg - Are you a robot?

 

[carpro]

Passed on buying meat last time at the store. Prices were ridiculously high.

 

[KenH]

Passed on buying meat last time at the store. Prices were ridiculously high.

Not bad at the local Walmart this morning. Probably half full of red meat, plenty of bacon, gobs of chicken, plenty of toilet paper, some paper towels. Prices weren’t abnormally high that I noticed, but just feeding myself I really don’t pay that much attention to food prices since I don’t buy much.

Noticed that mask use was probably down to more like 2/3 compared to about 90% last week.