WASHINGTON (RFD News) — Memorial Day marks the unofficial start of summer grilling season, bringing stronger seasonal demand for meat products across grocery stores and retailers.
American Farm Bureau economist Bernt Nelson joined us on Thursday’s Market Day Report to discuss the latest factors shaping meat demand and pricing this summer.
In his conversation with RFD News, Nelson discussed the outlook for consumer demand heading into peak grilling season and the major factors influencing prices for beef, pork and chicken.
The discussion also focused on ways consumers may be able to save money as many families continue managing tighter food budgets.
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Meat stocks rose seasonally but remain below last year overall, while tighter butter inventories could support dairy prices, and belly stocks warrant close watch for pork markets.
