Wholesale and retail beef prices keep breaking records like they’re chasing Barry Bonds. Retail beef prices in July were up 11.3% compared to last year. Eventually, that’s got to bench some consumer demand, right?
Consider this: in July, serving sirloin steak to a family of four ran over $27—that’s roughly $18 pricier than pork chops or chicken breast. For those tracking the box score (and yes, Yankees and Mets fans, I know it’s been a rough summer), the beef steak premium over chicken breast or pork chops has climbed more than $3 since January.
At Datum FS, we combine data-driven insights and innovative strategies to manage commodity risk—without the drama of a full extra-innings doubleheader. Visit the links above or feel out the form below.
Related posts
Perhaps a slower than expected economy could help with the historically inflated commodity prices?...
Egg markets have spent most of the winter in the stratosphere, but in a surprising twist, large...