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We've Got Grains Galore
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Beef production hit numbers we haven't seen in months. This is helping to soften pricing on almost everything except thin meats and grinds.
Chicken pricing is steady and demand is still strong. Only one new case of Avian Flu was reported affecting 104,000 turkeys.
Corn pricing is up and planting continues with good weather keeping things steady. Soy should stay steady to low; wheat is a great value, moving lower this week.
Bellies closed lower this week, butts are staying steady, and loins are inching up. Production numbers are strong.
The CME is moving higher on all fronts.
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