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ANALYSIS: Imported Boneless Beef Trimmings from Argentina to the U.S. Hit All-Time High
According to the latest Meat Passed for Entry Report issued by the Food Safety and Inspection Service (FSIS) released on November 1st, Argentina passed 2,019 MT of boneless trimmings into the United States on the week of October 21st. This marks a record high for Argentine imports to the United States. The last record high spike occurred in September of 2020 when 1,535 MT of boneless trimmings were imported from Argentina. Still, that is a 31.53% increase from the last spike to the most recent one...
ANALYSIS: Pork 42% Trim Outpaces Beef 50% Trim
When analyzing UB Pork 42% Trimmings and UB Beef 50% Fresh Chemical Lean Trimmings, both commonly used in hot dog and sausage processing, the weekly average price for pork 42s is trending about 26.2% higher than the weekly average price of beef 50s. This is due to limited supplies of pork 42 trimmings on the spot market, while beef 50s have been experiencing fully adequate to ample availability, with softer demand also noted.
Frozen pork trim supplies in cold storage have trended below year-ago levels throughout the...
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