The January Tug-of-War ↔️

January is doing what it does best – pulling markets in opposite directions. Beef splits between falling middle meats and rising end cuts, chicken prices wake up, pork stays a value, grains soften, and dairy pushes into rare territory. These early-year moves may look quiet, but they’re setting up what comes next.

BEEF: The New Year split continues — middle meats are sliding while end cuts quietly climb. With Valentine’s Day approaching and demand holding steady, this market is setting up for its next turn sooner than it looks.

POULTRY: Chicken prices are officially on the move, led by breasts with wings and tenders following close behind. Add a slipping hatch rate and ongoing avian flu cases, and this value market may not stay cheap for long.

GRAINS: Grain prices took another step lower as supply keeps growing faster than demand. Great news for feeders, but these markets are still searching for a spark.

PORK: Pork remains one of the strongest values on the board, even as prices begin to inch higher. With steady production ahead, this quiet strength could be telling.

DAIRY: Dairy keeps pushing lower into territory we haven’t seen since the pandemic. Whether this creates short-term opportunity or signals something deeper is the question worth watching.

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