ANALYSIS: U.S Choice Bone-In Ribs Rise into the Holiday Period
As the holiday season approaches, Choice bone-in ribs have returned to the conversation. Looking back, this item has shown consistent upward momentum over the past month. It started October at $9.24/lb., approximately 10% lower than its year-ago level. Since then, the price has steadily risen to its current value of $11.03/lb., or roughly a 19% increase, surpassing 2023 year-to-date price of $10.93/lb.
In a similar trend, 2023 also saw...
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