THE PROTEIN PULSE Closing Bell Friday | October 16th, 2026 copertina

THE PROTEIN PULSE Closing Bell Friday | October 16th, 2026

THE PROTEIN PULSE Closing Bell Friday | October 16th, 2026

Ascolta gratuitamente

Vedi i dettagli del titolo

Offerte di stagione | 0,99 €/mese per i primi 3 mesi

A seguire 9,99 €/mese – si applicano condizioni. Puoi disdire mensilmente.
THE PROTEIN PULSEClosing Bell Friday | October 16th, 2026Full Executive Briefing — Spoken ScriptHOST: Welcome to The Protein Pulse Podcast, your daily market update on all things protein. This is Closing Bell Friday for October 16th, 2026, from The Sparks Group.SHAWN: Friday is when the market starts collecting on Monday's promises. Everybody arrives with an opinion. The cattleman knows what his animals are worth. The packer knows what they cost. The salesman knows what he needs for the beef, and the customer knows what he's willing to pay. Every one of them can have a perfectly reasonable argument. That's this business. Two people can look at the same load of meat and see two entirely different markets. And I've never been impressed by somebody winning an argument over price while losing money on the transaction. By Friday, I don't care who sounded smartest on Monday. I want to know who recognized what was changing while there was still time to act. Somebody will always have a good explanation for what happened. The fellow who saw it coming usually doesn't need nearly as many words.HOST: Livestock costs and finished-meat values parted ways Thursday. Cattle futures advanced while Choice and Select boxed beef declined. Hog futures and negotiated hog prices strengthened as the pork cutout weakened. Those are different benchmarks, not a packing-margin calculation, but they expose the limits of passing costs along. The opportunity is specific. Grade-sensitive beef negotiations, weakening pork primals and new competition among global chicken exporters. Grain futures also declined despite soybean export commitments. Meanwhile, September's diesel-fuel producer price index rose twenty-one percent, a reminder that cheaper ingredients don't necessarily mean cheaper delivered protein.SHAWN: The cattle shortage hasn't disappeared. The beef customer's willingness to pay is another matter. December live cattle futures settled Thursday at two twenty-seven twenty-five, up two twelve. November feeders gained three fifty to three forty-one ninety-five. Meanwhile, Choice boxed beef fell two fifty-two to three seventy-three ninety-eight. Select lost five eighty-five to three fifty-two sixty-two. Futures aren't cash cattle purchases, and cutouts aren't individual box quotations. But expensive livestock alongside softer wholesale beef is a difficult combination for processors. The more revealing distinction is between grades. From the previous Friday through Thursday, Choice gained sixty-three cents while Select lost one sixty-eight. Buyers able to substitute approved Select product can negotiate from evidence that Choice-only programs simply don't have. Retailers are defending prices on selected competitive items, according to industry commentary. Where beef is among them, packers may face tougher resistance to passing through cattle costs. That is a purchasing consideration, not evidence of falling beef consumption. Grinding programs have another calculation to run. Platts assessed imported frozen nineties at three thirteen C-I-F East Coast on October 14th. USDA's domestic fresh eighty-fives average Thursday was three sixteen. Different lean content, condition and delivery bases prohibit a direct savings comparison. A qualified finished-blend calculation can still reveal whether an alternative works. Scarce cattle are a structural problem. Not every finished-beef price gets permanent protection from that scarcity.HOST: Grandma believed in a chicken in every pot. China looked at that idea and apparently saw a customer list. For decades, China was the customer exporters wanted. They built capacity and relationships around getting chicken onto Chinese tables. Now Chinese processors are showing up at somebody else's table, carrying chicken. Reuters reported approximately two point six billion dollars in Chinese chicken-product exports in 2025. Chinese suppliers are challenging businesses Brazil, Thailand and other exporters spent years developing. China doesn't have to dominate world poultry trade to change the negotiating table. Win enough orders, and yesterday's dependable customer starts asking what makes the old supplier worth more. The exporter who loses an account still has a plant, employees and a sales team. It might sharpen its pencil, pursue a different market or fight harder for existing customers. Those are potential responses, not verified diversions of shipments. Buyers with qualified international suppliers should be asking for fresh offers. At home, the opportunity is more particular. USDA forecasts broiler production of forty-nine point seven two billion pounds in 2026 and fifty point one five billion in 2027. Thursday's report described steady whole birds, weaker undertones for wings and tenders, and breast conditions varying by size. More pounds don't automatically mean more of the exact part a plant needs. But abroad, established exporters are discovering that being first to the dinner table doesn't ...
adbl_web_anon_alc_button_suppression_t1
Ancora nessuna recensione