Thursday, December 8, 2011

Poultry Market Update for the week of 12/12

· Wings, Wings, Wings….that is all anyone gives a crap about. Just wings; everything else is just in a holding pattern.

· Fresh breast meat seems a little more neglected this week. Very weak demand, although limited supplies…still can’t keep prices from falling some.

· Bone in whole breast seem hard to find, although the prices on formal market hold steady even as packers can sell for more money.

· Dark meat has seemed to level off.

· Leg meat seems more abundant, which in turn should help keep thigh meat prices steady (for a few weeks).

· After December, thigh meat and leg meat should move down some as fresh needs subside.

· The word is things should generally improve going into the new year.

· The industry is hoping for better demand with more limited supplies after first of the year.