Holiday demand reminded the markets who’s in charge — beef hit rare production levels while premium cuts held firm. As poultry and grains wait it out, pork stays a value and dairy keeps sliding into bargain territory. With the calendar about to flip, the real question is what holds… and what finally gives in the new year.

BEEF: Holiday demand pushed production to a rare 600K head, but premium cuts are still commanding top dollar. The big question now – have middle meats finally hit their seasonal ceiling, and what happens next when the calendar flips?

POULTRY: Chicken pricing stays calm and steady as we head toward the new year. But with avian flu cases climbing again, could this quiet market be one headline away from changing fast?

GRAINS: Corn, soy, and wheat continue to tread water, moving just enough to stay interesting. Until something breaks the pattern, this market looks content to wait it out.

PORK: Bellies bounced back this week, but the pork market feels stuck in neutral. With plenty of value still reminding buyers why pork stays on the menu, does this calm stretch continue into January?

DAIRY: Cheese keeps sliding while butter barely blinks, turning dairy into one of the best bargains on the board. The question now – how much lower can it really go before demand steps in?

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Middle meats are the gift that keeps getting pricier, and buyers are wondering whether the peak is finally here. Meanwhile, poultry stays affordable, pork remains a value, and dairy drops to holiday-baking lows — making this week’s markets as mixed as a stocking full of surprises.

BEEF: Holiday pricing is testing its limits, and while middle meats are sky-high, the market may finally be running out of steam. Chucks, rounds, and thin meats are slipping, and production numbers continue to reveal a shrinking cattle supply heading into 2026. Are we finally approaching the turn — or just pausing before another surge?

POULTRY: Chicken remains the protein value hero of the season, with production up and pricing steady across wings, breasts, and tenders. But with avian flu cases continuing to creep in, could this calm be short-lived?

GRAINS: Grain prices are stuck in neutral, with corn holding firm and soy struggling to spark a rally. Something has to give — the question is when, and what will finally move the needle?

PORK: Bacon buyers rejoice — bellies are still a bargain at $118. But a new African Swine Flu outbreak in Spain could scramble global pork demand overnight. Is the export domino about to fall?

DAIRY: Cheese keeps sliding with no clear bottom in sight, while butter flirts with a small bounce at record-low pandemic-era pricing. Is this dip a buy signal — or just the midpoint of a bigger correction?

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As we head into Thanksgiving, the markets are serving up a mixed plate — some items are easing, others are heating up, and a few might burn your budget. Whether it’s a gravy train or a little holiday pain depends on the protein. Let’s dig in and see what’s really simmering this week.

BEEF: Middle meats are heating up fast for the holidays, with ribeyes, strips, and tenderloins pushing higher and showing no signs of slowing. Chucks and rounds are softening a bit, but ground beef is still gaining strength — the question is how high these premiums will run through December.

POULTRY: Chicken remains steady despite massive production levels, with wings, breasts, and tenders barely moving. But after 23 new avian flu cases this week, will this calm hold through the winter migration?

GRAINS: Soy tried to rally and stalled, corn slipped, and wheat held steady — nothing seems able to spark this market. With winter wheat nearly fully planted, the real question is what it will take to break this grain gridlock.

PORK: Bellies finally broke lower, dropping $22 to $118, and this softer market may carry well into December. With strong production and plenty of supply, will pork remain the best value on the protein board?

DAIRY: Dairy keeps sliding, with block, barrel, and butter all moving lower again — and butter now at its cheapest point since 2021. The big question: will low holiday pricing spark demand, or is there still more room to fall?

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Markets are shifting as the holidays approach — beef heats up with middle meats climbing, chicken stays steady, and pork holds its value. Grains stay quiet, and dairy continues to slide with butter finally leveling off. The big question: is this the start of the holiday run-up, or just the calm before real volatility hits?

BEEF: Middle meats are stealing the show as ribeyes, tenderloins, and strips push higher into the holidays. With grinds leading the pack and demand building, this market’s heating up fast — the only question is how high it’ll climb before December cools it down.

POULTRY: Chicken remains steady and well supplied, prices barely moving either way. But with another wave of avian flu reports and migration season still underway, how long can this calm market last?

GRAINS: Corn, soy, and wheat all dipped slightly after last week’s optimism faded. Good news for feeders — not so much for farmers — but could holiday demand finally stir this sleepy grain market?

PORK: Bellies are steady around $140, keeping bacon lovers happy and buyers relaxed. Pork remains one of the best protein values out there — but how long will this balanced market hold?

DAIRY: Butter finally stopped sliding, but cheese keeps melting down with barrels and blocks still dropping. With prices this low, could we be setting up for a holiday dairy rebound?

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As the holidays close in, markets are showing their seasonal split — beef buyers are getting bold while poultry prices cool and dairy keeps sliding. With soy stirring and pork settling, everyone’s stocking up for the end-of-year rush… but which way will prices break when the wrapping paper comes off?

BEEF: Holiday buying is kicking in and prices are heading higher across the board, with ribeyes, tenderloins, and even strips taking off. Demand is rising, supply isn’t budging, and this market looks set to climb straight into December — the only question is how fast.

POULTRY: Chicken remains steady with strong production and flat pricing — barely a penny either way. But with fresh avian flu cases popping up again, will this calm market hold through the holidays?

GRAINS: Soy finally woke up on export news, with wheat following higher, while corn slipped a touch. If global buying picks up, could this be the start of that grain momentum we’ve been waiting for?

PORK: Bellies pulled back to $140 after last week’s spike, making now a great time for bacon buyers. Pork remains one of the best values in protein — but will seasonal demand tighten things up heading into winter?

DAIRY: Last week’s bump vanished fast — cheese and butter dropped again, turning dairy into a surprising value play. The question now is whether holiday demand can stop this slide or if prices keep melting.

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Markets are starting to settle after weeks of decline. Beef finds its bottom, chicken holds steady, pork pops, and dairy and grains edge higher. The big question — is this the foundation for a rebound, or just a pause before the next dip?

BEEF: After weeks of decline, the market has found its floor. Ribeyes, tenderloins, and strips are on the rise again — the question is how fast this rebound will move.

POULTRY: Chicken prices have steadied after big drops, with only minor movement expected. But as avian flu cases climb again, how long can this calm last?

GRAINS: Talk of a new trade deal with China pushed corn, soy, and wheat higher. If exports pick up, could this be the start of a grain rally?

PORK: Bellies spiked $20 to $151, catching the market off guard. Is this a one-week blip or the start of a seasonal climb?

DAIRY: Cheese is moving higher, butter finally holding steady. The big question — can demand keep this rally alive with supply still strong?

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Still no government reports on markets, but we're piecing a few things together to get a good feel of what's happening. Butter is now trading at levels we’ve not seen since the pandemic five years ago. I don’t think there is much more downside to this butter market, but lets see where it goes. I do think cheese has better potential for a minor rally for the next few weeks.

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Chicken prices have hit their lowest level in two years, making it the week’s biggest story. Beef’s slowdown continues, pork holds steady, and dairy drifts lower — but poultry steals the spotlight as the market’s best deal.

BEEF: Prices are still drifting lower, though the declines are slowing. Middle meats are already ticking back up, hinting that the bottom may be near — but just how long before demand heats things up again?

POULTRY: Chicken prices keep sliding, with boneless skinless breasts hitting their lowest point in two years. As demand cools and avian flu flares, the question is: how much longer can this market remain this soft?

GRAINS: Harvests are booming and inventories are stacked, leaving corn, soy, and wheat all stuck in neutral. With talk of a biofuel push on the horizon, could soy finally be what shakes this market awake?

PORK: Pork is steady, bellies holding at $134 while production rises with cooler weather. Processors may soon start stockpiling for spring, but for now, is this the calm before the climb?

DAIRY: Last week’s brief rally fizzled, with cheese and butter slipping again. Butter remains a seasonal bargain, but the question is — can this quiet market stay this smooth through the holidays?

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