Reported November meat sales data show meat department sales were positive and have remained so since Q1 of 2023. In all cases, dollar gains were from a combination of inflation and demand growth. Indeed, meat demand has remained remarkably resilient through 2025. On a per capita basis, chicken was up 4 pounds to 107.2 pounds, pork was up 1.6 pounds to 50.9 pounds, and turkey was up 0.3 pounds to 13.4 pounds. Only beef saw a slip, down 1.5 pounds to 57 pounds, but higher prices made up the greater demand.
Mirroring the total store patterns, volume sales were off during the first week of November. However, the second and third weeks of the month more than made up for the initial weak start. Volume sales increased nearly 6 percent in t...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
