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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.

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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.

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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.

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

With mixed demand indications, natural cheese, mozzarella, and processed cheese markets are all up week over week.

Beef

The market was unable to sustain these prices for another week. Consumer and buyer pressure pushed the price of almost every cut of beef down. Rib meat holds it value as rounds and chucks continue to be growing in availability.

Pork

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

Poultry

Wing sales were down, although demand for jumbo and medium wings remained robust. Tender prices are at all time highs.

Seafood

Despite the hurricane’s inconveniences, the domestic shrimp harvest is continuing smoothly. Due to increased captures, several items that were shorted in the spring are now back in stock in the Portico brand.

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Produce

Lack of labor causes problems for the industry. Suppliers are struggling to keep up with demand.

Grains

The USDA just released its monthly report, which revealed that there is less soybean oil available but less demand from biofuels.

Dairy

With higher demand, natural cheese, mozzarella, and processed cheese markets are up week over week. The butter market is up as well.

Beef

Rib meat is hard to find and is being sold at a very fast rate. Rounds and chucks are weak and strips and tenders demand is lacking.

Pork

Due to labor shortages, boneless butts are still scarce.

Poultry

The chicken market was flat this week except for breasts. There is less availability for wings.

Seafood

Despite the hurricane’s inconveniences, the domestic shrimp harvest is continuing smoothly. Pasteurized crab meat is in short supply, and there are no alternatives available.

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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.

Although demand for shell eggs has decreased week over week, it remains fair to good.

Beef

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.

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Produce

Industry-large lack of labor causing major shortages in all segments of business in all executions of supply chain.

Soybean oil ended lower last week. Soybean is looking to out-perform helping advance the market. Canola oil remains the same.

Dairy

Cheese and Mozzarella up while processed down. Eggs continue with increased demand

Beef

Beef is outperforming what was expected.  Rounds, Chucks, Ribs and Briskets stay strong to solid price due to high demand. Strips, tenders and thin meat slow growth.

Pork

Demand for Butts from retail and foodservice has increased. Ribs continue with strong demand

Poultry

Hurricane Ida caused major issues for chicken farmers. Labor shortages are causing supply disruption. Labor Jumbo wings were flat with less availability. Bonesless skinless thighs were up making for an all-time high record.

Seafood

Due to COVID-19, Vietnam is completely shut down. Shrimp farmed and pangasius supply are affected, as there is no operation.

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Produce

Lack of personnel, pallets, and freight in all parts of the business continue to provide obstacles in the execution of the supply chain flow from harvest to shredding.

Last week, the soybean oil futures market was trending lower until Friday, when it lost nearly 300 points.
The increase in COVI was regarded by traders as a positive sign.

Dairy

Butter prices increased week over week, despite output dropping.
Markets for natural cheese and mozzarella are falling, while markets for processed cheese are growing.

Beef

Despite a good harvest week, the beef supply chain remains constrained. The beef complex as a whole continued to exhibit increasing prices.

Pork

Harvest is still lagging behind usual seasonal averages. Product bone out continues to be a challenge for suppliers. Butts are still a good deal in retail and foodservice, therefore this market, especially boneless butts, is expected to be robust

Poultry

Labor shortages persist across the business, but supply for many commodities is improving. Wings are becoming more readily available. Demand is projected to tighten as a result of the tightening. Tenders are very expensive. and are hard to come by. The market for breasts is booming on a positive upward trend demand.

Seafood

Due to increased catches, the domestic shrimp supply has greatly improved in recent weeks.
Due to rising shipping costs, the price of imported cod, pollock, and haddock is increasing.

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Produce

Lack of manpower, freight, and operational challenges continue to plague all aspects of the business, posing difficulties in the execution of the supply chain flow from harvest to shipping to reception.

Grains

As a result of the USDA report released last week indicating lower soybean oil supplies, the soybean oil market has risen. However, it is still trading in a range, and while the futures market is higher, the cash market is largely unchanged. Due to the drought, canola is in the early stages of harvest, with smaller seeds and thus less oil. The palm of the hand is higher.

Dairy

With milk shortages due to the return of schools, cheese markets have risen week after week. With a limited milk supply, butter markets have also grown week over week. With robust demand from retail and foodservice, all shell eggs climbed significantly week over week.

Beef

The availability of meat is now overshadowing price hikes, and the supply chain is once again dry due to back-to-back lower harvests. Overall market strength helped the entire beef complex, with nothing showing a price drop. Price increases were led by ribs, briskets, and chucks, which are all in hot demand for Labor Day advertisements.

Pork

Butts remain the best value buy when compared to other proteins, but they continue to trade sideways due to tight supplies and strong demand. Loins are following in the footsteps of butts, so anticipate the concessions to slow and the market to trade sideways. Although belly fat levels have dropped from recent highs, resources remain scarce.

Poultry

Whole birds are up. Breasts were raised. Tenders are higher due to increasing demand. Wings were flat, yet they were still in high demand. Boneless dark meat is in high demand, and prices are rising. Dark meat that hasn’t been boned is flat.

Seafood

Lobster tails from the North Atlantic (6.77 oz and up) are on allocation until at least December, when the Nova Scotia season begins. The new season’s warm water lobster tails have begun to arrive in the United States.
Lobster tails from the Portico brand will be available in a few weeks. Pasteurized crab flesh has a very low shelf life.

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Produce

Lack of manpower, freight, and operational issues continue to plague all parts of the industry, posing challenges in the supply chain flow from harvest to shipping to receiving.

Grains

This year’s Canola crop will be harmed by the hot and dry weather in Canada. Corn will suffer some losses in the United States as well. Soybeans are doing better, although soybean oil stocks are down; nonetheless, soybean oil was down a little last week. Following soybean oil, palm oil was also down.

Dairy

Natural cheese and mozzarella markets remained unchanged from week to week, but processed cheese markets fell. Butter prices remained unchanged from week to week. This week, extra large and big eggs have increased $0.02$0.03/dz, while medium eggs have increased $0.01/dz.

Beef

Prices are continuing to rise, while supply is decreasing. Finding product for the rib is now the primary priority; cost is a secondary consideration. Tenders and loin thin meats quickly rebound upwards due to decreased supply, benefiting the loin complex. With a mix of retail and export demand driving it, chucks and rounds are hard to come by and priced more.

Pork

Due to retail demand, bone in butts saw a little increase late last week and should now trade sideways. Loins are likewise trading in a sideways pattern. Spareribs are on their way back up due to increased demand and price cuts in recent weeks. Bellies appeared to have reached their peak and may be starting to decline, but fresh bellies are still in short supply.

Poultry

Labor shortages persist across the business, but supply for many commodities is improving. Wings are becoming more readily accessible at the moment, but demand is projected to increase as football season approaches. Tenders cost a lot of money and are hard to come by. Breasts are in high demand, and the market is rising upward.

Seafood

With the new season, the supply of brown shrimp and white shrimp has improved. Whites, browns, and peeled shrimp in certain sizes are still unavailable. The huge tails of North Atlantic lobster (56oz and greater) are on allocation until the start of the Nova Scotia lobster season in December. Crab meat that has been pasteurized is still in scarce supply.

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Produce

Lack of manpower, freight, and operational issues continue to plague all parts of the industry, posing challenges in the supply chain flow from harvest to shipping to receipt.

Grains

Soybean crop scores have improved with some excellent weather, allowing soybean oil to fall somewhat, while drought-stricken Canola growing regions will face crop losses. Demand from China and available supply pushed palm oil prices higher.

Dairy

Though production was higher, cheese markets climbed week over week. With ample supply, butter markets fell by $0.072/lb week over week. With solid demand and supply, extra big and giant eggs have declined $0.02$0.03/dz this week.

Beef

Pricing is growing higher, and supply is trending lower, as the recipe of little yield and higher demand continues to settle in. The rib complex is increasing and looks to be on the upswing in the next weeks. Due to limited availability and renewed interest at cheaper costs, the loin complex has firmed up as well, with tenders and most of the loin thin meats rebounding upwards.

Pork

Due to labor shortages, harvest numbers are continuing to decline. The price of all primal marketplaces is increasing. Butts have recovered following a three-week decline, and retail demand has increased. Due to market demand, loins are following in the footsteps of butts. As supply continues to be an issue, rib concessions have soon vanished. The size of our bellies is still increasing.

Poultry

Labor shortages persist across the business, but supply for many commodities is improving. Wings are becoming more readily accessible at the moment, but demand is projected to increase as football season approaches. Tenders cost a lot of money and are hard to come by. The breast market is essentially flat, with supplies in a variety of sizes.

Seafood

Due to a lack of labor to unload containers from ships, US ports are still experiencing delays, resulting in major imported seafood shortages. COVID has rendered Vietnam fully inaccessible. Pangasius and large shrimp may be affected. The cost of a container continues to rise.