Category: Uncategorized

Freshly Picked image

Freshly Picked, December 13, 2021

Alerts & What’s Trending

Produce

This image has an empty alt attribute; its file name is produce.jpg

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

Grains

This image has an empty alt attribute; its file name is Grains.jpg

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

This image has an empty alt attribute; its file name is Dairy.jpg

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

Beef

This image has an empty alt attribute; its file name is Beef.jpg

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

This image has an empty alt attribute; its file name is Prk.jpg

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

This image has an empty alt attribute; its file name is Poultry.jpg

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

This image has an empty alt attribute; its file name is Seafood.jpg

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

Freshly Picked image

Freshly Picked, December 6, 2021

Alerts & What’s Trending

Produce

This image has an empty alt attribute; its file name is produce.jpg

Mushrooms are in serious trouble. The sector continues to be plagued by limited availability and excessive prices. Strawberries are still scarce and in poor supply.

Grains

This image has an empty alt attribute; its file name is Grains.jpg

Following news reports on the Omicron COVID version, the soybean oil market trended higher last week before plummeting on Friday. Throughout the week, the market was higher than typical.

Dairy

This image has an empty alt attribute; its file name is Dairy.jpg

The natural mozzarella and processed cheese markets are up for the week. Butter market is higher with tighter cream supplies. Demand is high on the egg market. 

Beef

This image has an empty alt attribute; its file name is Beef.jpg

Due to the holiday week, the market remains calm generally, with limited activity. Prices for strips have remained stable, but ribs have continued to underperform. Overall, Chucks are consistent.

Pork

This image has an empty alt attribute; its file name is Prk.jpg

 Seasonally, growth are expected to be limited as merchants shift their focus to other protein sources. Demand is slowing, thus loins are continuing to decrease. For the second week in a row, ham prices have gradually increased.

Poultry

This image has an empty alt attribute; its file name is Poultry.jpg

The growing circumstances for birds are excellent across the country, allowing for larger birds. Holiday schedule may be limiting some supply, therefore the random breast market is growing. Tenders are now available on the open market and prices have remained stable.

Seafood

This image has an empty alt attribute; its file name is Seafood.jpg

 The Alaskan red King crab fishery has been shut down due to all of the major crab being down substantially.

Freshly Picked image

Freshly Picked, November 29, 2021

Alerts & What’s Trending

Produce

This image has an empty alt attribute; its file name is produce.jpg

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

This image has an empty alt attribute; its file name is Grains.jpg

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

This image has an empty alt attribute; its file name is Dairy.jpg

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

This image has an empty alt attribute; its file name is Beef.jpg

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

This image has an empty alt attribute; its file name is Prk.jpg

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

This image has an empty alt attribute; its file name is Poultry.jpg

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

This image has an empty alt attribute; its file name is Seafood.jpg

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

Supply Chain Success

3 Ways to Ensure Supply Chain Success

The Supply Chain is facing a major crisis that is affecting operators all over the country. The numerous challenges this has led to over the course of these past 20 months is unimaginable. This is why supply chain success is crucial. From equipment delays and rotten food to sky-rocketing prices and product shortages, it seems there will be no relief anytime soon.

Fortunately, we have ways you can help alleviate the situation and ensure your operation is running at its full potential during these unprecedented times. Satisfy your customers, please your staff, and put money back into your bottom line.

Here are three ways to ensure you’re on the road to supply chain success:

Embrace Supply Chain Technology

Technology is evolving each and every day. Operators like you can easily boost your profit margins and put time back into your day. No more outdated unreliable information and lack of transparency. With technology, you can track, audit, and optimize your purchasing process to make sure you’re not over-spending.

Technology helps strategically source products so that your restaurant operation is putting the best ingredients on customer tables at the best imaginable prices. This means driving value to your customer experience and your brand.

Leveraging supply chain technology means you’re able to identify supply chain weaknesses within your operation and improve your purchasing process.

Technology gives you visibility into competitive distribution agreements, strategic commodity planning, inventory management, and much more.

Leverage Buying Power for Cost Reduction

When your options are limited, you have a much lesser chance of opportunities for savings on purchases. Leveraging buying power is the key for cost reduction. With access to contracts and pricing you wouldn’t find anywhere else, operators like you can gain discounts and rebates across hundreds of categories within the foodservice industry.

Did you know? Your operation could be saving on products and services you use every day. You can use your purchasing data to your advantage and maximize profits. With over 165,000 line items from over 350+ industry leading manufacturers, you’ll find the most competitive pricing for your operation. No more unprofitable contracts you can’t get out of.

We’re here to make sure you’re getting the most out of your money.

Join a Managed Produce Program Today!

Lastly, when your restaurant operation joins a managed produce program, they’re guaranteed the highest quality products at the most affordable prices. No more rotten foods and product shortages. We partner with the best local produce distributors to ensure you’re satisfying your guests and putting money back into your pocket. Our expertly-managed produce programs focus on improving the quality, safety and traceability of your food programs.

The supply chain is experiencing challenges that impact your operation every day. By partnering with Consolidated Concepts supply chain experts, you can ensure you’re making profitable more informed business decisions.

With a managed produce program, you gain access to the best quality, consistency, and food safety standards that’ll wow your customers.

All Things Supply Chain

You don’t have to navigate the supply chain alone. We want to help you succeed in the restaurant world.

Decrease cost, increase quality and ensure you’re on the road to supply chain success by becoming a Consolidated Concepts member today!

Are you a restaurant operator looking for updates on commodity insights, supply chain news and resources? Visit the Buyers Edge Platform Supply Chain Support Center today!

Freshly Picked image

Freshly Picked, November 22, 2021

Alerts & What’s Trending

Produce

This image has an empty alt attribute; its file name is produce.jpg

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

This image has an empty alt attribute; its file name is Grains.jpg

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

This image has an empty alt attribute; its file name is Dairy.jpg

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

This image has an empty alt attribute; its file name is Beef.jpg

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

This image has an empty alt attribute; its file name is Prk.jpg

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

This image has an empty alt attribute; its file name is Poultry.jpg

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

This image has an empty alt attribute; its file name is Seafood.jpg

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

Freshly Picked image

Freshly Picked, November 15, 2021

Alerts & What’s Trending

Produce

This image has an empty alt attribute; its file name is produce.jpg

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

Grains

This image has an empty alt attribute; its file name is Grains.jpg

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

Dairy

This image has an empty alt attribute; its file name is Dairy.jpg

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

Beef

This image has an empty alt attribute; its file name is Beef.jpg

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

Pork

This image has an empty alt attribute; its file name is Prk.jpg

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

This image has an empty alt attribute; its file name is Poultry.jpg

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

This image has an empty alt attribute; its file name is Seafood.jpg

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

Freshly Picked image

Freshly Picked, November 8, 2021

Alerts & What’s Trending

Produce

This image has an empty alt attribute; its file name is produce.jpg

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

Grains

This image has an empty alt attribute; its file name is Grains.jpg

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

Dairy

This image has an empty alt attribute; its file name is Dairy.jpg

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

Beef

This image has an empty alt attribute; its file name is Beef.jpg

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

Pork

This image has an empty alt attribute; its file name is Prk.jpg

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

Poultry

This image has an empty alt attribute; its file name is Poultry.jpg

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

Seafood

This image has an empty alt attribute; its file name is Seafood.jpg

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

Freshly Picked image

Freshly Picked, November 1, 2021 Copy

Alerts & What’s Trending

Produce

This image has an empty alt attribute; its file name is produce.jpg

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

Grains

This image has an empty alt attribute; its file name is Grains.jpg

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

Dairy

This image has an empty alt attribute; its file name is Dairy.jpg

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

Beef

This image has an empty alt attribute; its file name is Beef.jpg

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

Pork

This image has an empty alt attribute; its file name is Prk.jpg

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

Poultry

This image has an empty alt attribute; its file name is Poultry.jpg

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

Seafood

This image has an empty alt attribute; its file name is Seafood.jpg

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

Freshly Picked image

Freshly Picked, October 25, 2021

Alerts & What’s Trending

Produce

This image has an empty alt attribute; its file name is produce.jpg

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

Grains

This image has an empty alt attribute; its file name is Grains.jpg

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

Dairy

This image has an empty alt attribute; its file name is Dairy.jpg

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

Beef

This image has an empty alt attribute; its file name is Beef.jpg

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

Pork

This image has an empty alt attribute; its file name is Prk.jpg

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

Poultry

This image has an empty alt attribute; its file name is Poultry.jpg

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

Seafood

This image has an empty alt attribute; its file name is Seafood.jpg

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

Freshly Picked image

Freshly Picked, October 18, 2021

Alerts & What’s Trending

Produce

This image has an empty alt attribute; its file name is produce.jpg

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

Grains

This image has an empty alt attribute; its file name is Grains.jpg

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

Dairy

This image has an empty alt attribute; its file name is Dairy.jpg

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

This image has an empty alt attribute; its file name is Beef.jpg

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

Pork

This image has an empty alt attribute; its file name is Prk.jpg

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

Poultry

This image has an empty alt attribute; its file name is Poultry.jpg

 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

This image has an empty alt attribute; its file name is Seafood.jpg

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.