Beef, Poultry & Pork Market Update

Beef

Beef supply showed a modest increase week over week, but overall production remains below last year due to tighter cattle availability and reduced slaughter. The market tone is mixed. Chucks and flanks moved higher, while ribs and loins showed some pressure. Ground beef continues to hold firm. Tight cattle supply continues to underpin the complex and limit downside despite softer movement in select cuts.

Poultry

Chicken production remains elevated year over year with steady output growth continuing to pressure parts of the complex. The market is mostly firm, though boneless skinless breasts continue to trend lower, while wings remain at historically low levels but are stabilizing. Dark meat and most secondary parts are holding steady to slightly higher as overall supply remains ample.

Pork

Pork production pulled back week over week, but remains near last year levels. The cutout is mixed with strength in butts and ribs, while bellies and hams move lower. Export demand remains supportive—particularly to Mexico—helping stabilize the overall market. Seasonal demand patterns are beginning to set up, but near-term softness in bellies continues to weigh on the complex.

Bacon

Belly markets moved lower for a second consecutive week, showing continued short-term demand softness. The market is working to establish a near-term floor as trading ranges tighten. Forward signals remain constructive, with seasonal demand expected to strengthen into early summer, supporting a likely upward turn over the next few weeks.