Market Trends with Tracy

The Waiting Game

Saval Foodservice Episode 253

Markets have slowed to a crawl, with beef, chicken, and pork all easing while buyers wait for a clear direction. Grains stay quiet, and dairy can’t decide which way to move. It’s a week of watching, waiting, and wondering what’s next.

BEEF: The market keeps trending lower as buyers wait for the bottom, with even middle meats taking a brief pause. The question is – are we nearing the end of this slide, or just the calm before the holiday push?

POULTRY: Chicken is nearing the bottom of its market slide, with boneless skinless breasts at their lowest price in 18 months and wings and tenders still drifting lower. The real test will come if avian flu worsens — could another surge flip this calm market on its head?

GRAINS: With no new government reports, the markets stayed quiet — corn slipped slightly to $4.02 while soy and wheat barely budged. It’s a holding pattern for now, but how long can these calm prices last before harvest data shakes things up?

PORK: Bellies keep sliding, closing at $134 from last week’s $151 — good news for anyone buying bacon. The rest of the pork market is holding steady for now, but will this calm stretch last, or is another swing around the corner?

DAIRY: The CME is split this week — cheese is climbing again with block up ½ and barrel up 4, while butter slid another 9 points. The question now is whether this mixed trend signals a market shift, or just more churn before the holidays.

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