ANALYSIS: Peeled Knuckles Defy Seasonal Trends Fueled by Lean Beef Demand
Back in April, we highlighted how record-high prices of 90% boneless beef had a massive impact on several items within the boxed beef complex, most notably, peeled knuckles. That trend has moved on through the summer as prices for peeled knuckles have reached their highest point in history, aside from 2020, when the COVID pandemic was in full swing.
At present, Choice peeled knuckles sit at $4.00/lb., this is roughly 21.8% higher than at this time last year...
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