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Produce

Mushrooms are in a dire state. High prices and limited availability continue to plague the industry. 

Grains

Increasing soybean oil supply has helped lower the market. Traders liquidated positions on many commodities including soybean oil due to concerns regarding the Omicron variant.

Dairy

Natural cheese market has not moved over the past two weeks. Butter market is down, eggs are higher for the week. 

Beef

Stripes have shown a slowdown in demand. Chucks and rounds tend to soften in early December and then move strongly higher into the new year. Availability remains on most cuts.

Pork

Bellies are trending higher as supplies are trying to produce more bacon due to increased demand.  Ribs are moving up as retailers try to fill their shelves for next year. Butts continue as normal.

Poultry

Product availability was flat this week since tenders have stabilized.  Wings are steady as we approach peak season (February/March) Might be time to think about freezing product

Seafood

Rising costs and inflation persist in most seafood categories as 85% of the seafood consumed in the U.S.A. are imported.  There will be a shortage of Tilapia 7oz-9oz filets in the coming months

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Produce

Mushrooms are in a bad way. The sector continues to be plagued by low availability and excessive prices. Broccoli and strawberries are both in poor supply and scarce.

Grains

Soybean oil supplies rose, prompting traders to sell soybean oil futures, causing the market to fall. Palm oil is under pressure as a result of decreasing soybean oil prices, resulting in a market drop. 

Dairy

Natural and mozzarella cheese markets are rising, whereas processed cheese markets are falling. Because butter production was reduced, the market grew. As a result of the growing demand, the shell egg markets grew.

Beef

Overall, the market was sluggish as packers and buyers reassessed their positions and market expectations for the future. Strong premiums continue to be rewarded for higher grade livestock and beef. In both food service and retail, buyers are continuing to plan for holiday demand. 

Pork

Demand for loins is continuing to decline. Ham prices move slowly higher. Spareribs are increasing in demand and prices are increasing. Bellies took a dive this week. 

Poultry

The weather has been ideal for bird growth across most of the country, allowing the birds to flock in large numbers. Wings of all sizes are now more readily available. Tenders are being released to the open market, and the price is falling. The market for random breasts is weakening. The cost of dark meat is decreasing.

Seafood

Alaskan snow crab quota has been cut by 88% after a population decline. 

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Produce

Mushrooms are in a bad way. The sector continues to be plagued by low availability and excessive prices. Broccoli and strawberries are both in poor supply and scarce.

Grains

Soybean oil supplies rose, prompting traders to sell soybean oil futures, causing the market to fall. Palm oil is under pressure as a result of decreasing soybean oil prices, resulting in a market drop. 

Dairy

Natural and mozzarella cheese markets are rising, whereas processed cheese markets are falling. Because butter production was reduced, the market grew. As a result of the growing demand, the shell egg markets grew.

Beef

Overall, the market was sluggish as packers and buyers reassessed their positions and market expectations for the future. Strong premiums continue to be rewarded for higher grade livestock and beef. In both food service and retail, buyers are continuing to plan for holiday demand. 

Pork

Demand for loins is continuing to decline. Ham prices move slowly higher. Spareribs are increasing in demand and prices are increasing. Bellies took a dive this week. 

Poultry

The weather has been ideal for bird growth across most of the country, allowing the birds to flock in large numbers. Wings of all sizes are now more readily available. Tenders are being released to the open market, and the price is falling. The market for random breasts is weakening. The cost of dark meat is decreasing.

Seafood

Alaskan snow crab quota has been cut by 88% after a population decline. 

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Produce

Markets remain volatile. Iceberg is at a historic low while garlic, mushrooms, strawberries and cantaloupes remain active

Grains

Futures markets moved lower. Canola and Palm oil continue to move higher as demand rises.

Dairy

Egg markets increased due to higher demand. Butter production was low and cheese markets have slowed due to decreased demand.

Beef

As buyers prepare for holiday demand in both foodservice and retail, middles continue to exhibit price strength and tighter supply in the market.

Pork

Butts are still showing indications of weakening, but they are a good value for money at the grocery store when compared to other proteins. Demand for loins has slowed in the next week, resulting in a significant drop in prices. 

Poultry

The weather has been ideal for bird growth across most of the country, allowing the birds to flock in large numbers. Wings of all sizes are now more readily available. Tenders are being released to the open market, and the price is falling. The market for random breasts is weakening. The cost of dark meat is decreasing.

Seafood

Alaskan snow crab quota has been cut by 88% after a population decline. 

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Produce

Markets remain in a volatile state. Romaine, cantaloupes, strawberries, mushrooms and garlic are very active. Markets overall remain in a volatile state.

Grains

 Palm oil markets are higher. Canola values continue to trend higher with poor production 

Dairy

Butter is up with lower inventories. Eggs are down with fair demand. Natural and mozzarella cheese markets are down. 

Beef

Pricing on tenders, strips and rib eyes climb as cattle are not meeting specs. Better pricing as buyers look to inventory levels. 

Pork

Belly prices fell with increased supply. Pork Butts are trading sideways.  

Poultry

Whole birds were up with relatively stable pricing. The breast market was flat as demand has improved. 

Seafood

 Domestic shrimp is in good supply. North Atlantic Lobster big tails are on allocation. Alaskan snow crab quota has been cut 88%. 

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Produce

Demand for iceberg is driving it to historic levels. All around produce markets are in a volatile state.

Grains

Futures prices moved lower. Harvest is nearing its end. Canola & Palm Oil moves higher.  

Dairy

Increased retail demand drove processed cheese markets up. Historic demands drive butter up while egg market is down due to ample supply. 

Beef

Choice and Select grades are costing more. Strips, tenders and ribs are becoming more attractive to buyers

Pork

Market is showing weakness. Loins and butts are coming down. Bellies supplies have increased. Exports should pick up.  

Poultry

Poultry market is lower as we approach slower time of the year. Medium/small wings were steady as jumbo wings fell. 

Seafood

Inflation and rising costs persist. Alaska snow crab quota has been cut 88%. Domestic shrimp is in good supply. 

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Produce

Suppliers are being faced with shortages on labor. Markets are volatile and trying to meet demand. 

Grains

Futures prices moved lower. Harvest is nearing its end. Canola & Palm Oil moves higher.  

Dairy

Mozzarella and natural cheese prices were down. Tight cream supplies force butter up. Eggs are in low demand. 

Beef

Prices are becoming more attractive to buyers. Market appears to be near the bottom.  

Pork

Market has come down going into next week. Hams are falling due to low exports to Mexico. Plants are seeing increased labor struggle.  

Poultry

Tenders are down/ availability is increasing as we approach slower part of the year. Jumbo wing supply is prevalent. 

Seafood

Ports in California continue to experience backlog. Domestic shrimp is in good supply. Alaska snow crab quota has been cut 88%

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Produce

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

Grains

Wheat has been increasing since July, up 75%. Canola oil trends higher.

Dairy

Natural mozzarella and processed cheese was up due to increasing demand and labor shortages. Egg market is down with large supply and flat demand.  

Beef

 Limited availability depending on grade. Strips, tenders and ribs, are leveling in price.

Pork

Retail demand drove lift in pork butts. Bellies should be close to their peak.

Poultry

 Chicken market is low as we approach the slow time of the year. Jumbo wings were own with increased availability. Medium and small wings stayed steady.

Seafood

Alaska snow crab quota has been cut 88% while domestic shrimp is in good supply. Cod quotas will be announced shortly with reductions for 2022.

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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.