ANALYSIS: Labor Day Looms, Will Coarse Grinds Maintain Their Momentum?
With Labor Day in view, we figured it would be an appropriate time to highlight some of the movement seen within coarse grinds. Coarse grinds, 81% more so, have been a true outperformer this year as consumers continued to opt for more cost-conscious beef options. When looking at the chart above you can see UB’s Coarse 81% grind price is up nearly 38% on the year at $3.35/lb. and nearly 41% over the 5-year average during the same period...
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