ANALYSIS: U.S Beef Tenderloin Holiday Trends
With Thanksgiving in view, it seemed to be a good time to give an update on beef tenderloins as the next slated holiday will be Christmas and New Years. Tenderloins have had a rough year when comparing prices year-over-year. On average, prices have tracked about 10% below year-ago levels for choice tenderloins. Speaking to the cost-conscious environment, the beef industry has found itself in this year. Fast-forward to today’s price, choice tenderloins currently sit at $15.75/lb. which is about 6% below year-ago levels for the same...
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