Last week the overall beef market took a sharp turn higher and this week is more of the same. Every cut of beef is moving higher again this week. Post holiday harvest was a pretty modest 615K head which is up from the holiday week of 573K head but these restricted harvest numbers continue to pressure the market higher. Middle meats are up strong, rounds, chucks, thin meats especially continue to demand premium dollars. I think we have to get passed the July 4th holiday and this market will come off, but that is a few weeks away. Same advice as last week, if you need it, buy it. Waiting will cost you more money.
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