ANALYSIS: Assessing the Price Disparity Between Domestic and Imported Lean Trimmings
Over the past two years, the lean trim market has witnessed a notable disparity in pricing between domestic and imported lean, as well as end cuts, including top rounds. In the graph above, 2022 appears relatively stable, contrasting sharply with the substantial gaps observed in 2023. In 2022, the highlighted items moved in tandem, particularly in June and November, facilitating straightforward formulations. However, 2023 introduced significant price spreads, reaching the peak in the fall when domestic 90% fresh chemical lean (CL) commanded a $.67/lb...
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