Egg prices set a new record last week, something many have felt firsthand. But with the Super Bowl...
Beef Boosts Commodity Index
As shown below, the Datum FS Commodity Index — our weighted snapshot of major retail and foodservice commodities — has steadied so far this month. A bump from beef helped, but overall, the index remains near its lowest levels in a year and well off the highs we saw last spring.
A higher commodity index isn’t exactly what food businesses or consumers want to see — something recently noted by the Trump Administration. Beef packers, like Tyson Foods, are feeling those effects too as highlighted in their quarterly earnings this week.