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Produce
Hurricanes Helene and Milton, combined with unfavorable weather in the U.S., Mexico, and Guatemala, as well as port delays and insect pressure in California, are causing significant disruptions to multiple commodities. Market prices remain high, and yields from the East are considerably lower. With the devastation from Hurricane Helene across the Southeast and Florida now hit by Hurricane Milton, the supply of fresh produce from South Georgia and Florida is expected to be extremely volatile. Impacted commodities include Citrus, Corn, Cotton, Tomatoes, Bell Pepper, Eggplant, Peanuts, Strawberries, and more.
Grains
Soybean oil futures moved higher with increased energy costs which is impacting palm and Canola, too. The energy markets are much higher because of tensions in the middle east.
Dairy
Shell egg markets are up this week. California and Northwest markets are up. Many buyers, anticipating a potential market uptick, are looking to secure larger positions in advance of any price increases. The Block & Barrel are decreasing. Butter is down.
Beef
Ribs are ticking higher, as buyers need to restock. Strips are mirroring ribs, while top butts weak tone has slowed. Tenderloins continue to muster strength, as packers continue to raise prices. The chuck and round complex are leveling out for the time being due to roast ads and change of the seasons. Grinds, w/reduced harvest, appear to have allowed reduction in inventory.
Pork
Butts both Bone–in and boneless are trading near established price levels. Loins are barely steady–as chop demand has decreased. Ribs are steady. Bellies are steady and market has settled. Trim is steady to higher for supply.
Poultry
Bigger birds, better hatchability, and larger egg sets are allowing extra supply on the market, especially in the boneless market. Tenders and breasts are seeing increased supply on all sizes. Wings are seeing extra availability on all sizes. Dark meat demand remains very good. Whole birds are mostly balanced.
Seafood
The port strike on the East and Gulf coasts has been suspended effective Thursday, October 3, 2025. The ILA and the United States Maritime Alliance, Ltd. have reached a tentative agreement on wages and have agreed to extend the Master Contract until January 15, 2025.
