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The National Provisioner's 2023 Top 100 report ranks meat and poultry companies and says retail demand has stayed strong. It cites a 5.7% rise in 2022 meat sales and notes that 87% of home-prepared meals include meat or poultry.
The report also says indicators from feedlot to meat case point to a cooling market.
Steady retail demand supports meat processors' margins, but signs of cooling could weaken demand for livestock and feed later on. This is company and industry context rather than a direct price catalyst.
provisioneronline.comFred WilkinsonMay 26, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
