USDA: Breaking Stock Prices Steady, Demand Thin
USDA's daily breaking stock report shows the national price range unchanged, though the weighted average price edged down slightly. Demand remains very light while offerings and supplies are moderate to fully adequate, with processors running full-time to extended schedules.
Why it matters: With demand thin but supplies fully adequate, breaking stock sellers face flat-to-softening prices despite processors running extended schedules.
Sources
Reported by: USDA AMS Daily National Breaking Stock
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