Steiner Consulting Chief Economist Altin Kalo says Memorial Day is bringing a surge in beef demand. “On the cattle side, supplies are tight, cattle are fairly current, and going into Memorial Day, prices are fairly explosive. On the hog side is the opposite sort of scenario.” Kalo says the beef slaughter pace may be high, but the numbers just aren’t there to keep up with demand. “When you cut slaughter by five-six percent and a reduction in carcass weights, the market comes up short.”
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