Beef’s Biggest Threat Yet? 🐂⚠️

The screw worm is closing in on Texas, threatening the nation’s largest cattle herd and the beef market with it. Avian flu resurfaces, pork stays steady, and butter keeps sliding – but is beef facing its biggest challenge yet?

BEEF: The new screw worm was found less than 70 miles from Texas, potentially impacting the beef industry. Prices are falling for many cuts, but ribeyes and tenderloins stay expensive. The real question – do we have a few more weeks of relief, or are we on the brink of something much bigger?

POULTRY: Avian flu has returned, hitting 2.5 million egg layers in Wisconsin, with more turkey cases piling on. Chicken prices are falling, with wings, breasts, and tenders dropping in price. The question now is – will this market reset hold, or will avian flu spoil the party?

GRAINS: Argentina tried a quick cash grab by suspending export duties on corn and soy, raking in billions in just two days before reinstating them. Here in the U.S., the markets barely blinked – corn ticked up to $4.15, with soy and wheat holding steady. Will global moves finally shake up these calm grain markets, or are we stuck in steady mode for a while longer?

PORK: Bellies nudged up to $169, but don’t be fooled – I still see more downside ahead for this market. Loins are steady, ribs are inching higher, and butts are showing some strength. The big question – are we about to see pork finally heat up, or will it stay the quiet value play against beef’s chaos?

DAIRY: The CME finally showed a flicker of life this week – barrel had its first uptick in a month, block slipped a bit lower, and butter keeps sliding. Is this the true bottom we’ve been waiting for, or will butter keep melting into the holiday baking season?

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