Suppliers Urge Meat Promo Activity

Prices for rib-eye steaks and striploin subprimals are at their lowest levels since 2002, wholesale prices for other middle meats, as well as for poultry, pork and ground beef are continuing to slide, and beef graded as choice is available on the market at record levels. Yet, ads for meat in supermarket circulars have been down significantly since the beginning of 2009, and many retailers are

DENVER — Prices for rib-eye steaks and striploin subprimals are at their lowest levels since 2002, wholesale prices for other middle meats, as well as for poultry, pork and ground beef are continuing to slide, and beef graded as choice is available on the market at record levels. Yet, ads for meat in supermarket circulars have been down significantly since the beginning of 2009, and many retailers are still using traditional percentage profit models for retail markups on steak pr

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TAGS: Marketing