· The poultry market seems to be gaining some traction on pricing during a normally dismal time of the year. This is turkey time….not chicken time?! What the heck?
· Looks like cut backs are finally taking hold, with very limited supplies this week. Next week could be even worse. Some packers are only working 3-4 days nest week (so they say). I don’t think they can be as stupid this time around for cheating on increased production…..? Lately, when they cheat, it costs them big time.
· White meat and dark meat are both in good standings this week and next.
· Thigh meat bottomed last week and fresh trade levels are as much as $.10 higher this week.
· Breast meat and b/I breast are both stronger this week, with market moving last week and B/I market moving this week.
· Tenders and wings are the hottest items.
· With cut backs and only 2 wings and two tenders on bird, these items are affected the most.
· Poultry market could be bullish for December and they badly need it.
