Explore every episode of the podcast Market Trends with Tracy
| Title | Pub. Date | Duration | |
|---|---|---|---|
| Turkey Takes Center Stage | 15 Nov 2024 | 00:03:12 | |
This week in beef markets is a repeat of last week, this market is shaping up to be a classic holiday market. The middle meats, strips, ribeyes and tenderloins all moving up again next week. Don’t expect any relief on middle meat pricing until the end of the year. This continues the advice to buy now, waiting will cost you money. Also same as last week, moving lower chucks and rounds, briskets coming off a bit, and grinds continue lower. With turkey taking center stage the next two weeks we may not see as middle meats moving up as fast, but they won’t be coming down. Productions holding up pretty well, 619K head harvested last week, up from 615 the week prior, still with very large animals, running 38 lbs. heavier than last year.
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| Markets Prepare for Holidays | 08 Nov 2024 | 00:03:03 | |
The beef market continues to increase in middle meat pricing. Rounds, chucks, and grinds are finally moving lower. Better pricing is to come. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Unpredictable Pork Bellies | 01 Nov 2024 | 00:03:36 | |
Happy Halloween! 🎃 Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Spooky Season for Beef | 25 Oct 2024 | 00:02:59 | |
The beef complex is moving higher, almost every cut is moving higher next week, lead by middle meats, strong moves higher in ribeyes and tenderloins, strips moving higher as well. This is the time of year to buy early, waiting will cost you money. Beef production last week was 608K head up from the 586K the week prior. Chucks and rounds moving higher, grinds too. I think this will be a typical holiday season when comes to pricing, we will see increases right into mid December. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Guess Who's Back | 18 Oct 2024 | 00:03:01 | |
The CME has mellowed out for much more normal weekly numbers. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Value Has Returned to Dairy Markets | 11 Oct 2024 | 00:03:23 | |
The decline in dairy prices continues this week, through Thursday, barrel is down 15, block is down 11 and butter is down 5, since the recent peak in late mid-September barrel has dropped 72 cents, block is down 34 and butter has dropped 38. That is a pretty major reset in just three weeks. We may have another week or so before this market hits bottom but good value has returned to the dairy markets. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Grain Gets Spooked | 04 Oct 2024 | 00:03:25 | |
The dairy market broke last week and finally moved lower. Buy what you need as values will be improving. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Have We Said "Menu Pork"? | 27 Sep 2024 | 00:03:41 | |
The dairy market broke this week and all segments are down. This market is still upside down, but will hopefully correct in the next few weeks. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| The CME is BONKERS | 20 Sep 2024 | 00:03:17 | |
Through Thursday barrel pricing up 18 cents totaling 41 cents over the last month, and 34 cents over the block. That’s just crazy. Block traditionally trades about 10 over the barrel so this market is just upside down. Speaking of the block, we are actually down 2 for the week for some welcome relief from this recent run. Hopefully with will all top out soon. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Pork Production Ramps Up | 13 Sep 2024 | 00:03:25 | |
Labor Day Weekend shortened beef production last week. The market is moving lower overall with a few exceptions. Buy what you need, better prices are ahead. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Some Welcome Beef Relief | 06 Sep 2024 | 00:04:12 | |
The beef market saw some welcome demand going into Labor Day Weekend. Now we should see some moves lower over the next couple of weeks. Buy what you need now, but it will be cheaper if you can wait. Strip loins are the buy in middle meats. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Long Weekend 🤝 Good Markets | 30 Aug 2024 | 00:03:05 | |
The beef market is showing some strength, with ribeyes and tenderloins on the rise again for next week. Grinds have been leading the market, with chucks and rounds following suit. I’d be in a buy-just-what-you-need mode for next week as I do think things will adjust lower as we move into September. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| And the Beef Goes On | 23 Aug 2024 | 00:03:21 | |
Restrained beef production is keeping the beef market slow-moving. Grinds, chucks, and rounds continue to demand premium prices. Ribeyes and tenderloins have hit bottom and are moving higher. Strip loins are the buy in middle meats. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Wings Down Again | 16 Aug 2024 | 00:04:10 | |
The CME has been on a tear with barrel pricing reaching levels we haven't seen in over two years. This market will continue to move higher. Get in front of your demands. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Dead of Summer Markets | 09 Aug 2024 | 00:03:14 | |
There is not much pushing the beef market to move higher at the moment. Grinds, chucks, and rounds are holding steady, while strip loins continue to lose value. Ribeyes and tenderloins have found some support. Buy what you need knowing this market is not heading higher for now. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Finally Some Good Chicken News | 02 Aug 2024 | 00:03:13 | |
Beef production continues to be restrained with the summer heat and low demand. Packers need to keep pricing up as much as they can. Strip loins are moving lower. Ribeyes and tenderloins have gone as low as they probably can for now. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Pork Bellies Rally On | 26 Jul 2024 | 00:03:28 | |
The beef market continues to correct on middle meats, especially the strip loin. Ribeyes and tenderloins are coming down as well. Grinds continue to be the focus with chucks and rounds holding on pricing. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| 2024 Summer Focus: Ground Beef | 19 Jul 2024 | 00:04:10 | |
This summer, it's all about ground beef. Strips, ribeyes, and tenderloins are seeing price declines, so delaying the buy on these cuts could save money. Rounds, chucks, and thin meats are headed to the grinder to support ground beef demand, so expect these prices to stay supported and availability to be reduced. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Let Freedom Wing | 05 Jul 2024 | 00:03:30 | |
Happy Independence Day! Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Beef Markets Stay Sizzling | 14 Jun 2024 | 00:03:00 | |
Beef supply remains tight. Demand for middle meats was up, thanks to Father's Day. Pricing on most everything is up and firm, but this market should move lower after July 4th. Buy what you need now, waiting will cost money. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Wings Prepare for Flight | 07 Jun 2024 | 00:03:55 | |
Beef pricing is being driven higher by short supply. Expect pricing to continue to move higher. Buy what you need now, waiting will cost you money. Hopefully, we'll see the increases stop after the Fourth of July. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Dairy Finally Broke | 31 May 2024 | 00:03:20 | |
Avian Flu just won't go away. This week, 4.2 million egg-laying chickens were lost to the virus. The Netherlands is testing two vaccines, so we'll see how that goes. This won't cause any shortages in chicken but will increase pricing. With demand remaining strong, this market should continue to move higher. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Beef Cutbacks Surprise Tracy | 24 May 2024 | 00:03:49 | |
Beef production cutbacks were a bit stronger than I expected with 598K head harvested last week, well down from 622K the week prior. Last year saw 640K head harvested so production going into the summer season is being restrained to push prices higher. And they are pretty successful looking at the cutout. We have higher prices right rolling in as tightened supplies have done their job and will continue for at least the next several weeks. This is a time when you need to buy what you need now, waiting will cost you money. The beef complex is moving higher, pretty much across the board. Packers have signaled they plan to continue with reduced harvest to keep the market up. We’ll see how long this continues but right now it is effectively moving prices higher. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Dairy on a Tear | 17 May 2024 | 00:03:43 | |
Beef production cutbacks are off to a slow start. The market is steady to lower. Look for some deals if you have the customer demand to move product. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| No Beef Market Momentum | 10 May 2024 | 00:04:08 | |
Beef pricing seems to remain the same despite the recent ramped-up production. The market feels flat with demand and pricing is flat to lower. We're heading into Memorial Day with no momentum in the beef market. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Featuring Beef on Spring Menus...Groundbreaking | 03 May 2024 | 00:03:22 | |
Beef production was slightly down this week but still in good production numbers. Hopefully, with nice weather, we will see demand pick up. It's a good time to buy and feature beef now before pricing moves higher this summer. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| We've Got Grains Galore | 26 Apr 2024 | 00:02:44 | |
Beef production hit numbers we haven't seen in months. This is helping to soften pricing on almost everything except thin meats and grinds. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| USDA Updates Beef Production Estimates | 19 Apr 2024 | 00:03:59 | |
The USDA has updated production numbers in beef harvesting for the year. This will be good news for everyone if the production lines get moving. For now, keep product on hand and continue to buy what you need, there may be a bargain or two out there. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Beef Cattle are Literally Growing | 12 Apr 2024 | 00:03:42 | |
Beef production continues to be restrained, but cattle are growing in physical size, thanks to cheap corn. Pricing has taken a pause this week with increases coming soon. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Stock Up for Cinco de Mayo | 05 Apr 2024 | 00:03:34 | |
Avian flu has spread to dairy cows in six states. Affected milk is being destroyed, but pasteurized milk remains safe for consumption. Three new cases of Avian Flu in chickens were reported, totaling 3.8 million birds. This shouldn't significantly impact availability or pricing, but chicken prices continue to rise weekly. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Avian Flu Crosses Species | 29 Mar 2024 | 00:03:36 | |
Chicken pricing is moving up again for next week, wings, boneless breasts and tenders are all getting more money. Production is increasing weekly, but demand is still strong, and everything is getting sold. Hatch rate is down again for last week to 78.9%. Anything under 80% is a concern but we are seeing lower hatch rates for several weeks now. Hoping this turns around quickly. On the avian flu front, the good news is only one new report affecting 50 birds. The bad news is the mysterious illness affecting Texas cattle has been identified as Avian Flu, now crossed species in Texas. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Sticker Shock on Strip Loins | 22 Mar 2024 | 00:03:56 | |
Beef harvest last week was down to 583K head, below last week’s 599K and last year, we were at 631K head for the week. This curtailed production is continuing, some major packers are only running four days a week making this market tight. Expect another week below 600K head this week. The pull back is having the desired affect for the beef producers. Product is short and pricing is moving up quickly. There will be a bit of sticker shock next week with pricing on strip loins, top rounds, sirloin flap and skirt steaks, all taking fairly substantial increases for next week. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Gotta Get Down on Pi Day | 15 Mar 2024 | 00:03:50 | |
Last week's beef harvest dropped to 583K, continuing a trend of reduced production with some major packers operating only four days a week. Expect another week below 600K. Shortages are driving prices up, particularly for strip loins, top rounds, sirloin flap, and skirt steaks, while brisket prices are expected to decrease after St. Patrick's Day. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Corned Beef & Cabbage & Inflation | 08 Mar 2024 | 00:03:44 | |
Beef harvest continues to stay steady, but well below average compared to last year. Top rounds are moving up quickly while middle meats, loins, and ribeyes continue a steady pattern moving up. Buy what you need. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Leaping Towards Spring | 01 Mar 2024 | 00:03:52 | |
Grain prices are decreasing, which is good news for food processors and animal production. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Winner Winner Chicken Dinner | 23 Feb 2024 | 00:03:12 | |
Beef harvest is down for another week with expectations of going below 600k next week. Packers are lowering the harvest to keep inventories tight and push prices up. Next week should be a good buy opportunity. The next move will be higher prices for pretty much every item. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| (Beef) Packers vs. Retailers | 16 Feb 2024 | 00:03:36 | |
Beef demand is not keeping up with beef production. Packers have more product than they can move without discounting and they have no interest in discounting. Buy what you need, there isn't much risk to the upside. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Are You Ready for Some Chicken Wings? | 09 Feb 2024 | 00:03:32 | |
Beef demand is not strong. Harvest was up this week, but we shouldn't expect that to last. Buy what you need, you may find a bargain or two. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Can Corn Go Even Lower? | 02 Feb 2024 | 00:04:26 | |
Starting with grains this week, corn is moving lower again and it's probably not done. This is good for everyone (except corn farmers). Soy and wheat are in the same mode. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Beef and Pork Bounce Back | 26 Jan 2024 | 00:03:36 | |
Beef production recovered nicely after the winter storm disruptions. Packers pushed pricing up pretty quickly, but this doesn't seem sustainable into February. The quick rise prices should move lower towards the end of the month, with middle meats being an exception as they have already bottomed out. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Proteins on the Rise | 19 Jan 2024 | 00:04:57 | |
Multiple storms in the Midwest have turned the beef market a little more quickly than expected. The decline in the middle meats should last one more week. We'll most likely see increases in the last week of January. Next week is the time to buy middle meats, everything else is buy it now, it will cost more money later. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Winter Weather Halts Beef Production | 12 Jan 2024 | 00:03:39 | |
Bad winter weather in the Midwest had big effects on beef production. Two major packers idled plants completely and several were only running one shift. This will tighten availability. If you need middle meats, buy what you need. Other cuts will be better to buy sooner than later. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| New Year, Same Drama | 05 Jan 2024 | 00:03:36 | |
Happy New Year! Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Putting 2023 To Bed | 29 Dec 2023 | 00:03:28 | |
The beef market is moving like it is the end of the year. Those high flying ribeye's and tenderloins will start to move lower come the first of the year and continue down typically to the end of January, maybe into early February. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Beef Going out with a Bang | 22 Dec 2023 | 00:03:15 | |
Beef harvest was up from last week. Middle meats, ribeyes, and tenderloins should see their peak prices before moving lower after the New Year. If you need rounds, chucks, and grinds, buy now. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Last Call for Cheap Bellies? | 15 Dec 2023 | 00:03:52 | |
Beef harvest continues strong through the peak holiday season. Middle meats are moving up again for next week which hopefully means there is nowhere to go but down from here. The value in beef is in rounds, chucks, and grinds. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Plenty of Corn to Go Around | 08 Dec 2023 | 00:03:39 | |
We are in peak holiday season for beef pricing. Harvest was up this week but demand seems to have adjusted to the lower harvest numbers. Hopefully we'll see the market make some big changes after a couple of weeks. There were 13 new Avian Flu reports over the last week affecting 836,000 birds. None of this is good news as chicken flocks and turkeys are taking big hits. Pricing on chicken continues steady and chicken remains a good value in protein despite this unfortunate news. In pork, now is the time to buy bacon. Everything is priced nicely for pork to be a featured value protein. In grains, everything is looking good with good crops coming from the US, Europe, and Australia. In dairy, we can expect pricing to move up as the milk supply tightens. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Avian Flu Takes out 5 Million Birds | 01 Dec 2023 | 00:04:16 | |
In the past two weeks, the Avian Flu removed close to 5 million birds from the food supply. Cases have been confirmed in 26 states so far. We're keeping an eye on the situation. Chicken production and pricing remain similar to past weeks. Middle meats are creeping higher in beef, and rounds, chucks, and grounds are coming down. Briskets have shot up as well. If you need beef, buy now. Pork bellies continue in bargain mode. Corn harvest is done with a record crop and pricing moving lower. Soy is holding steady and wheat has moved a little lower. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Dairy Market in the Upside Down | 17 Nov 2023 | 00:04:09 | |
Beef production is down again from last week and last year. Middle meats are moving up a bit, while the others are due for some lower pricing. Bellies closed at $98 and will most likely stay in this area. Avian Flu has new numbers this week, and they aren't good. Not a trend we want to see. Pricing on chicken is mostly holding steady. Grain harvest is still looking good with exports picking up in corn. Dairy is once again flipping on us. Product is available, but pricing should reduce to spur export demand. Have a great Thanksgiving holiday! Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||
| Chicken Production Slows More | 10 Nov 2023 | 00:03:20 | |
The beef holiday items are all moving higher for next week. We’ve been saying it for months but the lower beef production will continue into next year. If you are in the market for beef, buy now, next week will cost you more money. Pork production continues strong and pricing is attractive. Chicken production is down again this week, but pricing continues to move lower. Corn and soy received huge reports from the USDA this week which could continue to drive prices down. Good news on the grain front. Dairy markets are all moving lower with more downside to come, hopefully. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn | |||