date:Jul 21, 2012
derson said the Q2 decline was not unexpected. He said:Wholesale meat prices trended lower at the end of the first quarter of the year and consumers are benefiting from that as retail prices have followed suit.
A decrease in retail protein prices, according to AFBF, is reversing the price increases seen in Q1. Sliced deli ham has decreased by $0.19/lb, the cost of bacon has reduced by $0.17/lb and sirloin tip roast has gone down by $0.06/lb. Boneless chicken breast, however, has continued to de