Author: Steve Moody

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• 4 Steps Restaurants Should Take Right Now to Attract More Workers
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• What Are Rebates and Deviations?

Produce

There are constraints on value-added and processed items. The shortage on labor continues to affect the market.

 

Grains

Canola continues to do poorly while harvest is getting underway for corn and beans.

Dairy

The natural, mozzarella, and processed cheese markets all saw increased demand this week. As supplies tighten, butter markets are also up week over week. Shell egg demand is stable to declining in the foodservice retail sector.

Beef

Rounds and chucks prices are increasing due to retail. Strips trend lower.

Pork

Export demand for ham is strong in preparation for holidays.

Poultry

As we approach the seasonally sluggish time of the year, the poultry market was down throughout most complexes. There is more availability on all sizes of wings.

Seafood

Despite the hurricane, shrimp still is in good supply. Cod quotas will be reduced.

Alerts & What’s Trending

• How Restaurants Can Attract Employees in a Tightening Labor Market
• Why Digital Menus are Here to Stay
• Is the Restaurant Industry’s Recovery Suddenly Going Backward?
• YELP Introduces Guest Manager bundling, transitioning further into an all-in-one technology platform
• Restaurant can still cash in on growth in delivery and carry-out

Produce

Freight shortages and a lack of reliable manpower continue to put the industry to the test. Suppliers are still struggling to keep up with demand. Production has reached its maximum capability. some providers and are unable to match the demand for supplies

 

Grains

The soybean oil market in the United States has dropped once more as the crop looks stronger than projected. The COVID rate in Malaysia and Indonesia has forced several palm plantations to close, sending the price higher.

Dairy

Natural cheese and mozzarella markets were down while processed cheese markets were up. Egg demand is down due to a mix of retail and foodservice demand.

Beef

The market continued to drop. Rounds & chucks appear to be soft. Strips and tenders continue to trend lower going into fall.

Pork

Fresh supply levels out as seasonal demand for butts continues to wane, and the market continues to fall.

Poultry

Wings were down, and we’re seeing more availability across the board. Tenders were down, and we’re seeing more availability for the first time this year.

Seafood

Pasteurized crab meat is in low supply, with no alternate options available until spring. Major delays in US ports continue to cause frozen seafood shortages.