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: The June jobs report showed nonfarm payrolls increased by 57k jobs, less than the 115k jobs expected by economists surveyed by Dow Jones. The labor force participation rate dropped by 0.3 percent to 61.5 percent, the lowest since March 2021, and the lowest in 50 ye...
On 4 July 2026, the United States will commemorate the 250th anniversary of the signing of the Declaration of Independence. In observance of the Fourth of July holiday, Ag Perspectives will not be published on Friday, 3 July. We will resume our normal publication schedule on Monday, 6 July...
Today was the deadline for announcing intentions regarding renewal of the U.S.-Mexico-Canada Agreement (USMCA); the U.S. will not renew the USMCA, according to U.S. Trade Representative Jamieson Greer. President Trump will instead pursue separate bilateral trade deals with Canada and Mexico las...