Full market values or marginal premiums are the rule for drums, wings and necks. Fresh tom breast meat is readily available but the lack of response from buyers is making efforts to place product difficult and our price discovery process is hindered as a result. Frozen is barely steady to weak with our take on things backed up by numerous bookings at lower trending values. Tenderloins range from being about steady to full steady with the mix in conditions as a result of confirmed bookings at various price levels. Thigh meat is steady in most instances but there is at least some willingness to offer product at lower values should that result in a sale.
Whole birds are steady to full steady.
A willingness to sell product still exists as sellers look to maintain these positions and discounts are still noted throughout the complex. End cuts continue to show signs of seasonal support, but prices are steady to slightly lower. Middles are still a concern for many and product is offered mostly lower in both spot and forward time periods. The live cattle market continues to hold bearish undertones as front-end supplies are reported as fully adequate to burdensome. Nearby cattle contracts on the CME have not given direction one way or the other to the cash market.