As beef prices rise, shoppers shift within the beef case and challenge traditional demand indicators

In recent weeks the Choice/Select spread, which can be an indicator for beef demand, has been very narrow and in some instances negative.    University of Kentucky ag economist Kenny Burdine says historically that shift would indicate a weakening in demand.  A wide Choice/Select spread typically indicates strong consumer demand for premium cuts.  “I don’t think the Choice/Select spread means what it used to,” he says. “The reality is there’s very little Select in the marketplace right […]

The post As beef prices rise, shoppers shift within the beef case and challenge traditional demand indicators appeared first on Brownfield Ag News.

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