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Produce
The sector continues to be challenged by a lack of consistent labor. As manufacturing nearing capacity limits for some, suppliers are still struggling to keep up with demand.
Soybean oil ended lower last week. Soybean is looking to out-perform helping advance the market. Canola oil remains the same.
Dairy
The markets for natural cheese, mozzarella, and processed cheese are all down. There is enough supply to meet demand.Butter prices rose week over week, owing to increased demand.
Due to the softness of the beef complex, most purchases have slowed.
Last-minute demand for middles, primarily from individuals in need of rib meat, aided production bolster a dwindling end complicated cut
Chucks, Rounds, and Briskets look to have made a comeback a set of pricing points that can’t
Last-minute demand for middles, primarily from individuals in need of rib meat, aided production bolster a dwindling end complicated cut
Chucks, Rounds, and Briskets look to have made a comeback a set of pricing points that can’t be exceeded has hampered the interest of potential buyers
Pork
We are seeing a drop in primal markets following the holiday season.
Butts have experienced some relief since Labor Day.
Spareribs and back ribs are being reduced now that demand from bookings has subsided. The market for St. Louis ribs has shifted in the opposite way, with a rise in demand. Bellies are still shrinking.
Poultry
Despite the fact that labor is still in short supply across the industry, many processors are optimistic. In the future, availability will improve in the future weeks.
Tenders are very expensive and hard to come by.
Seafood
Due to a lack of labor to unload containers from ships, US ports are still experiencing delays, resulting in major imported seafood shortages. The public freezers are overflowing.
