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October 9, 2023 UncategorizedBy Annie Pepanyan

Freshly Picked, October 9, 2023

Alerts & What’s Trending

Produce

Weather effects in multiple growing regions have caused lower yields across many commodities, and we will likely see this continue for several weeks. Supplies out of the Salinas Valley were relatively steady. Huron, CA lettuce, romaine, and leaf items will start the week of Oct 16th, so we are only ten days away, and early reports are quality is good. Weather in the Salinas Valley will be unseasonably hot over the next few days, with some areas reaching temps into the high 90s.

Grains

Stocks of soybeans are more than anticipated but lower than in recent years. Because producers are utilizing less soybean oil than anticipated, biofuel profitability is pushing soybean oil prices lower. Since the harvest is almost 75% complete and canola seed prices are low, canola oil is stable. With improved production figures, palm oil climbed marginally higher.

Dairy

Markets for shell eggs are changing, with some bearish action. Markets for cheese are still declining. For October, there will be slight price hikes for Cream and Culture products nationwide.

Beef

Packers keep reducing the harvest in an effort to lower cow prices. Due to limited supply and great demand, tenders and ribs in the top 2/3 grade and light weight range continue to increase in price. Strips have improved for the short term, and packers are still selling customers on the value. Rounds and Chucks are still balanced. Grinds are still having trouble keeping up with demand.

Pork

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Butts finally displayed some market lability as demand leveled off. Even while supplies have grown, particularly in the St. Louis complex, ribs are still soft. Due to the lack of retail demand, loin sales are also down. For the coming week, there was little change in the bellies, which might be an indication that the market is stabilizing.

Poultry

The supply of giant and medium-sized birds has increased due to the cooler weather. Breasts are plentiful. Bird weights and seasonality have boosted the availability of tenders. All sizes of wings are in high demand and in short supply. Demand for dark meat is still very high. The entire bird is steady.

Seafood

Due to the severe floods in China, the tilapia market is positioned for inventory issues and pricing going into the first quarter of the new calendar year. Expect higher usage of shellfish products leading up to the holidays, as we often see demand increases at this time of year: Products made of shrimp, crab, and lobster.

October 3, 2023 UncategorizedBy Annie Pepanyan

Freshly Picked, October 2, 2023

Alerts & What’s Trending

Produce

The weather effects of El Nino continue to cause lower yields across many commodities, and we will likely see this continue for several weeks. Supplies out of the Salinas Valley were relatively steady. Growers continue to see issues such as tip burn, mildew, slightly lower weights, INSV, Sclero, and Fusarium. Growers are doing their best to mitigate this at the harvesting level. In California, Huron lettuce, romaine, and leaf items will start the week of Oct 16th, so we are only two weeks away, and early reports are quality is good.

Grains

The week came to a conclusion with corn and wheat slightly higher, but the soybean complex as a whole went lower. The soybean complex is being driven by greater than anticipated inflation, the US harvest, falling stock prices, rising crude oil, and an optimistic assessment of the South American crop (which is predicted to be enormous). Palm and canola are both lower.

Dairy

Markets for shell eggs are stable. Markets for cheese are rapidly declining. Markets for butter are exploding. For October, there will be slight price hikes for Cream and Culture products nationwide.

Beef

This week, there seem to be a little fewer tenders and ribs available, which has kept commerce consistent. The price difference between ribs and strips keeps expanding, which can cause consumers to return to strips. Chucks and rounds are still balanced, but eyes are still hard to come by. More supply than demand is still a problem for grinds, so they search for customers who want to stretch their money.

Pork

Butts finally displayed some market lability as demand leveled off. Even while supplies have grown, particularly in the St. Louis complex, ribs are still soft. Due to the lack of retail demand, loin sales are also down. For the coming week, there was little change in the bellies, which might be an indication that the market is stabilizing.

Poultry

Bird weights have increased as a result of the cooler weather. The availability of breasts is abundant, especially in large sizes. Supply of tenders is increasing. All sizes of wings are in high demand and in short supply. Demand for dark meat is still very high.

Seafood

Due to the severe flooding in China, the tilapia market is expected to face inventory issues and higher prices in the first quarter of the new calendar year. Demand for usage on comparable items is anticipated to rise. Expect higher usage of shellfish products leading up to the holidays, as we often see demand rises at this time of year.

September 26, 2023 UncategorizedBy Annie Pepanyan

Freshly Picked, September 25, 2023

Alerts & What’s Trending

Produce

Weather effects (rain and cool & warm temperatures) in multiple growing regions are beginning to affect overall yields, and markets are rising. We should continue to see these effects over the next several weeks. Supplies out of the Salinas Valley were slightly lighter due to quality issues caused by weather conditions. Growers are doing their best to mitigate this at the harvesting level.

Grains

With forecasts for dry weather during the soon-to-start harvest, soybean oil futures declined last week. Fund traders sold their stakes in soybean oil futures, which caused soybean oil to decline. Canola markets were thought to be flat last week, but predictions for crop production point to increased Canola prices. Palm slid downward.

Dairy

Shell egg markets are stable. Cheese prices rose this week and are expected to hold steady. This week’s butter markets are down once more, but there still have some positive undertones. The price of Cream and Culture will rise across most of the nation, but it won’t change in September in California.

Beef

This week, there seem to be a little fewer tenders and ribs available, which has kept commerce consistent. The price difference between ribs and strips keeps expanding, which can cause consumers to return to strips. Chucks and rounds are still balanced, but eyes are still hard to come by. More supply than demand is still a problem for grinds, so they search for customers who want to stretch their money.

Pork

Butts’ market performance is still solid due to the persistently high demand on the spot market. There is a minor decline in rib sales, but this is just temporary because of the growing demand. Additionally, the seasonal tendency for loins is expected to continue drifting downward. As we anticipate significant price rises for the upcoming week, the market for stomachs continues to be unpredictable. Demand is still robust and trimmings are strong.

Poultry

Bird weights have increased once again as a result of cooler weather in the South and an extra growing day after Labor Day weekend. The availability of breasts is abundant, especially in large sizes. Demand for tenders is high, but supply might be increasing. All sizes of wings are in high demand and in short supply. Demand for dark meat is still very high.

Seafood

Assessments of the effects of the floods in China are ongoing. Tilapia market inventory issues are imminent. Utilize on similar things whose demand is anticipated to rise. Expect higher usage of shellfish products leading up to the holidays, as we often see demand rises at this time of year.

September 19, 2023 UncategorizedBy Annie Pepanyan

Freshly Picked, September 18, 2023

Alerts & What’s Trending

Produce

Weather effects are beginning to cause lower yields across several commodities combined with overall higher demand markets are beginning to rise. Lettuce supplies out of the Salinas Valley remain steady with overall good quality. Growers continue to see quality issues, such as tip burn, mildew, INSV, Sclero, and Fusarium. Cauliflower, broccoli, and broccolini supplies have tightened due to quality issues caused by warmer temperatures. Broccolini supplies will remain tight for the next 2-3 weeks. Light broccoli supplies should be short-lived, with products arriving out of Mexico.

Grains

Another week went by with the soybean crop score being reduced, which has significant effects on harvest and production. Yet soybean oil futures experienced a significant decline. The price of canola seed futures kept falling. Farmers are able to continue harvesting due to the dry weather. Together with soybean oil futures, palm oil moved.

Dairy

Shell egg markets are stable. Cheese prices rose this week and are expected to hold steady. This week’s butter markets are down once more, but there still have some positive undertones. The price of Cream and Culture will rise across most of the nation, but it won’t change in September in California.

Beef

Market activity has paused. Buyers are pausing because of the sporadic appearance of tenders and ribs. The pipeline is still filled with strips, mainly Choice, but packers are reluctant to get rid of them. Packers and buyers are still keeping an eye on the price difference between strips and ribs in anticipation of a change in sales. Chucks and rounds keep displaying equilibrium. 73% and 81 lean grinds exhibit milder undertones.

Pork

The butt markets are still strong, but after Labor Day, demand fell and the markets should fall. Right now, there are little indications that the ribs are moving. Due to a decline in retail demand, loin prices are going down. Still dropping rapidly are belly sizes.

Poultry

Bird weights continues to be impacted by the heat in the south. After weeks of increases, the breasts have stabilized. There is a great need for and a limited quantity of tenders. All sizes of wings are in high demand and in short supply. On the back of rising demand, dark meat is heading higher.

Seafood

The supply of raw tilapia materials has been impacted by the floods in China. It is yet unknown how much it will impact our accessibility and price. The Alaskan King Crab season has been canceled again for the sixth consecutive year. If you’re seeking for alternatives to king crab, the South American Santolla crab and Golden king crab are both excellent choices.

September 19, 2023 BlogUncategorizedBy Melissa Evans

Is Your Brand Too Stacked? Simplify Your Restaurant Tech

Keeping up with the latest technologies has become essential for restaurant success. Over the past few years, restaurants of all sizes have been investing heavily in various tech solutions to improve operations, enhance customer experiences, and gain a competitive edge. However, as the tech landscape evolves, many restaurants are now facing a dilemma: Is their brand too stacked with technology? In this blog, we will explore the challenges of managing a complex tech stack and discuss the growing trend of simplifying restaurant tech ecosystems.

Tech Stack Overload

The restaurant industry has witnessed a tech revolution, with a multitude of platforms and applications available to address different aspects of the business. From supply chain management technology to back office automation, the list of tech solutions can be overwhelming. Initially, adopting these technologies promised efficiency gains, improved customer service, and better data insights. However, as restaurants continue to add more tools to their tech stacks, they often encounter several challenges:

Management Complexity: Each new addition to the tech stack requires time and effort to integrate, maintain, and train staff. Managing multiple platforms can lead to inefficiencies and increased operational costs.

Data Fragmentation: Different systems may not communicate seamlessly, leading to fragmented data and hindering the ability to gain comprehensive insights into restaurant performance.

Financial Drain: Subscription fees, maintenance costs, and upgrades for each platform can quickly add up, impacting the bottom line.

Overwhelmed Staff: Staff members can become overwhelmed by the sheer number of systems they need to navigate, which can result in reduced productivity and job satisfaction.

The Quest for a "One-Stop Shop" Solution

In response to these challenges, a growing number of restaurants are reevaluating their tech stacks and opting for a more streamlined approach. This trend involves seeking “one-stop-shop” solutions that consolidate various functions into a single platform. The benefits of this approach are numerous:

Simplified Management: With a unified platform, restaurants can reduce the complexity of their tech ecosystems, making it easier to manage and maintain.
Data Integration: Consolidated systems enable seamless data integration, providing a holistic view of restaurant operations and customer interactions.
Cost Savings: Eliminating redundant subscriptions and reducing the need for IT support can result in significant cost savings.
Enhanced Efficiency: Staff can become more proficient as they work with a single, user-friendly platform, leading to improved operational efficiency.
Scalability: Many one-stop shop solutions are designed to scale with the business, accommodating growth without the need for constant system upgrades and additions.

Choosing the Right Solution

While the idea of simplifying your restaurant’s tech ecosystem may sound appealing, it’s essential to choose the right one-stop-shop solution. Consider the following factors:

Compatibility: Ensure the chosen platform aligns with your specific restaurant needs, from front-of-house to back-of-house operations.
Scalability: Look for a solution that can grow with your business and adapt to changing requirements.
Expert Customer Support: Assess the quality of customer support and training offered by the platform provider.
Cost Analysis: Conduct a thorough cost analysis to compare the expenses associated with your current tech stack against the proposed one-stop shop solution.

Simplify Your Tech Stack with Consolidated Concepts

Partnering with Consolidated Concepts plays a crucial role in helping you simplify your tech stack across all your locations in several ways:

Cost Reduction

One of the primary advantages of working with Consolidated Concepts is the potential for cost savings. Through their collective purchasing power and negotiation capabilities, they can help franchisees secure better deals with suppliers. This cost reduction can free up financial resources that can be redirected towards streamlining the tech stack or investing in more critical areas of the business.

Streamlined Procurement

Consolidated Concepts offers a centralized procurement platform that simplifies the purchasing process. Multi-unit franchisees can access a wide range of products and services through a single platform, reducing the complexity of managing multiple procurement systems and processes.

Technology Solutions

Our technology solutions assist franchisees in identifying streamlined processes that integrate well with your procurement process. This integration can help franchisees streamline inventory management, menu optimization, and data analytics, reducing the need for multiple, disjointed tech tools.

Expert Guidance

At Consolidated Concepts, our industry experts understand the unique challenges faced by multi-unit franchisees. A team of foodservice experts provide valuable insights and recommendations on optimizing your tech stack. Our knowledge of the restaurant industry’s best practices can help franchisees make informed decisions about which technologies to implement and how to integrate them effectively.

Vendor Management

Beyond procurement, Consolidated Concepts can assist in vendor management. They can help franchisees assess the performance of their tech vendors and ensure they are meeting their needs. This includes evaluating contracts, service levels, and identifying opportunities for improvement or cost savings.

Scalability

As multi-unit franchisees expand, they need scalable solutions that can grow with their business. Consolidated Concepts can help identify tech solutions that are not only suitable for the current business size but can also adapt to accommodate future growth without causing tech stack complications.

By leveraging the resources and expertise of Consolidated Concepts, franchisees can focus on their core operations while optimizing their technology infrastructure for greater efficiency and profitability.

In a world where technology is constantly evolving, it’s crucial for restaurants to strike the right balance between innovation and complexity. While having a variety of tech tools can be beneficial, it’s equally important to avoid becoming overwhelmed by a stacked tech ecosystem. The trend towards simplifying restaurant tech ecosystems through one-stop shop solutions reflects the need for efficiency, cost-effectiveness, and streamlined operations. As you consider the future of your restaurant’s technology, remember that less can often be more, leading to a more sustainable and profitable business in the long run.

Become a member of Consolidated Concepts today by filling out the form below!

September 12, 2023 UncategorizedBy Annie Pepanyan

Freshly Picked, September 11, 2023

Alerts & What’s Trending

Produce

Overall markets have remained relatively steady after the industry experienced two weather events (a hurricane and a tropical storm). Additionally, demand has continued to increase as the last of the schools resume. Supplies out of the Salinas Valley remain steady, especially iceberg and romaine. Growers are seeing increased quality issues, such as tip burn, mildew, INSV Sclero, Fusarium, and yellow bead broccoli crowns. Green onion supplies remain limited due to extreme heat in the growing region. Supplies are expected to remain limited throughout September.

Grains

The price of soy oil fluctuated slightly. Futures are falling as a result of traders selling part of their bets. Although weather is a problem, the focus has shifted from helping crops to hampering harvest. Gains for canola are difficult to achieve. Palm is slightly more expensive, but exports are down while output is up.

Dairy

Shell egg markets are stable. The cheese market has increased this week and appears to be stable. Despite their recent decline, butter markets still have some positive undertones. The majority of the nation will see price increases for Cream and Culture. California’s prices in September won’t change.

Beef

Due to the next short week, it is anticipated that fill-in orders and last-minute demands would account for the majority of sales. Due to low demand, tenders and strips are the intermediate meats that most need assistance. Packers claim that ribs have become a springboard for holiday price increases, but this assertion may be wishful thinking. The demand for chucks and rounds is still strong. There is a finite amount of grinds.

Pork

The butt markets are still strong, but after Labor Day, demand should fall and the markets should fall. Right now, there are little indications that the ribs are moving. Due to a decline in retail demand, loin prices are going down. Still dropping rapidly are belly sizes.

Poultry

The good news is that the hurricane that hit Florida last week had little effect on us, but the bad news is that business is slow because of the long Labor Day weekend. The gigantic breast keeps rising QUICKLY. Small and medium breasts had flat surfaces. All sizes have their wings up. On all sizes, tenders are higher. The whole bird was up. Everywhere dark meat was more popular.

Seafood

The Alaskan King Crab season has been postponed for the sixth consecutive year. If you’re seeking for alternatives to king crab, the South American Santolla crab and Golden king crab are both excellent choices.

September 5, 2023 UncategorizedBy Annie Pepanyan

Freshly Picked, September 4, 2023

Alerts & What’s Trending

Produce

As the industry continues to work through the damage caused by Tropical Storm Hilary and increased weekly demand as more schools resume, markets have remained relatively steady. We are working with our Southeastern growers to assess damages by Hurricane Idalia this week in South Georgia and North Florida. We are still weeks away from pulling products from these areas, but we will assess the commodities that could be impacted, including squash, cucumbers, tomatoes, corn, hot pepper, and bell pepper.

Grains

Because of weaker energy markets, subpar crop evaluations, and technical selling, soybean oil markets have declined. Canola price increased as supply became more scarce. Palm increased in value as demand increased.

Dairy

Markets for shell eggs are expanding across the nation. The market for cheese is declining this week, but it can rise the following week. After a few weeks of rises, butter markets begin to trend somewhat lower. The price of Cream and Culture will rise across most of the nation, but it won’t change in September in California.

Beef

Idalia the hurricane seemed to have avoided Florida’s densely populated regions. Since Labor Day was on a Monday, Packers prepare for a short work week. Due to limited production and seasonal demand, tenders and ribs continue to be the most popular middle meats. Chucks and rounds are in high demand, and while prices are stable, replacement costs have risen slightly. Grinds display a variety of goods.

Pork

Due to Labor Day, butts will continue to advance starting the following week. For the coming week, ribs are comparatively flat, while loins are somewhat down. After going up a few weeks ago, bellies are still trending downward. Ham sales are still declining because of weak exports. Trimmings are also declining quickly.

Poultry

Bird weights are still being impacted by the heat in the south, and the hurricane in Florida may have an impact on supply and demand. The market for jumbo breasts is still very competitive. There is a great need for and a limited quantity of tenders. Most whole birds are even. All sizes of wings are in high demand and in short supply. Continual is dark meat.

Seafood

After two extensions, the Newfoundland and Labrador snow crab season comes to an end this week. Pricing is anticipated to stabilize once all the crab has been stored. Numbers for imported shrimp are still declining year over year. As we approach the holiday season, expect demand for classic goods like shrimp, lobster, and crab to increase.

August 29, 2023 UncategorizedBy Annie Pepanyan

Freshly Picked, August 28, 2023

Alerts & What’s Trending

Produce

Several markets saw an immediate impact due to Tropical Storm Hilary’s damage; however, growers are still assessing the damage as they could not enter fields due to the rainfall. At this time, we know some areas were affected more than others. Out of the Salinas Valley, supplies remain steady across most commodities.

Grains

As the weather returned to being extremely hot and dry at this crucial period in a soybean’s life, the price of soybean oil increased once more. Demand is still very robust, particularly with regard to biodiesel. Canola is now higher than soybean oil, but Saskatchewan is once again experiencing hot, dry weather. A bit lower palm.

Dairy

Markets for shell eggs are expanding, and California is starting to hike prices. Markets for cheese and butter are both still rising this week but may level out the next week. Prices for Culture and Cream will remain unchanged or slightly higher.

Beef

Packers are in an excellent position and should be able to maintain prices. Tenders and ribs remain firm, replacement costs have risen slightly, and strips have temporarily improved. Processors, grinders, and retailers’ interest encourage end cuts’ stable to stronger tones. Grinds exhibit a constant tone and a variety of options.

Pork

In anticipation of Labor Day, butts will continue to advance starting the following week. For the coming week, ribs are comparatively flat, while loins are somewhat down. After going up a few weeks ago, bellies are still trending downward. Ham sales are still declining because of weak exports.

Poultry

The south’s ongoing hot weather continues to have an impact on bird weights, which reduces supply. As supply has tightened, breast markets have become stronger, particularly in jumbo. There is a great need for and a limited quantity of tenders. Most whole birds are even. All sizes of wings are in high demand and in short supply. Dark flesh is generally constant.

Seafood

Tilapia farm-gate prices are rising abroad. As a result, we are witnessing a month-over-month rise in pricing. As we approach the holiday season, the price of frozen farmed Atlantic salmon should remain constant. The Barents Sea season will begin the following month with lower quotas. The groundfish should become more solid because this is the lowest quota since 2009.

August 21, 2023 UncategorizedBy Annie Pepanyan

Freshly Picked, August 21, 2023

Alerts & What’s Trending

Produce

Overall markets have remained relatively steady across most commodities, even with the increased demand from schools returning. However, we may see markets increase due to Tropical Storm Hillary. We are tracking the storm that is likely to become a hurricane off the west coast of Mexico and is certain to impact summer vegetable production on the Baja Peninsula, and possibly some parts of California. We will be monitoring this over the next five days. Out of the Salinas Valley, supplies remain steady across most commodities.

Grains

The U.S. growing region experienced some good rainfall and a little amount of cooling, which caused the market to go somewhat lower. Meal and soybeans dropped in price. Together with lower European seed, canola seed moved lower. Together with reduced soybean and palm oil, canola oil fell. With balanced demand and supply, palm was lower.

Dairy

Markets for shell eggs are largely stable, but some softness persists in California markets. Markets for cheese are up this week but may remain stable for the following week. Butter markets are stable, and prices for cultured products will either be flat or slightly higher depending on the categories below.

Beef

The market has been helped by decreased livestock inventories and lower harvest levels. Packers are in a good position with their inventories and have a positive tone. Ribs and tenders have become firmer. The market for strips is still weak, and there is a large supply. Multiple channels of interest are supporting consistent to stronger tones on end cuts. Grinds maintain their consistent tonality.

Pork

It’s possible that butts have finished falling and may now briefly trade sideways until the days leading up to Labor Day. Retailers are becoming more interested in loins. Despite a minor fall, stomachs were still able to rise. Although demand for ribs is likely to increase over the next weeks, prices are still reasonably stable.

Poultry

The south’s hot weather has continued to have an impact on the declining supply of birds. Breast markets have improved as supply has become more limited, particularly in jumbo. Tenders are still in short supply and in high demand. Most whole birds are even. All sizes of wings are in high demand and in short supply. Due to strong demand, dark meat is stable.

Seafood

The season for snow crabs was extended to the end of August. Overseas, tilapia replacement costs are rising. Although there is a large supply of imported shrimp, demand is increasing. The market for lobster tails is expanding. Lobster landings in Canada are declining year over year and there is a shortage of larger sizes.

August 14, 2023 UncategorizedBy Chase Iacofano

Freshly Picked, August 14, 2023

Alerts & What’s Trending

Produce

We have continued to see national demand increase as the new school year begins resulting in slightly higher markets across many commodities. We should continue to see this trend over the next few weeks. Supplies continue to remain good across most commodities, but iceberg supplies remain light.

Grains

Weather has improved in the growing region for soybeans, so soybean oil futures fell last week; although, biofuel demand is high keeping volatility high. Canola is lower with pressure from lower soybean oil and European Canola. Palm also moved lower with pressure from soybean oil, but also due to increasing stocks.

Dairy

Shell Egg markets mostly steady, however some softness continues in California markets. Cheese markets rally this week but could stay firm for next week. Butter markets are steady. Cream and Culture pricing will be flat to slightly up depending on categories listed below.

Beef

Market activity is mixed, as reduced harvest, reduced demand, and higher cattle prices appear to be impacting market confidence. Middle meat is steady. Tenders and ribs have firmed. Interest is flat on loin cuts but may garner attention w/ the rib showing gains. End cuts continue to show a steady balance. Grinds continue to reflect mixed offerings and a steady tone.

Pork

Bellies continue to be the driver of gains, while the remaining primal’s are seeing declines. Butts are continuing their race to the bottom, with loins following suit. Ribs continue to trend downwards and should continue on that trend until we get closer to Labor Day. Green hams continue to trend up with strong exports to Mexico.

Poultry

Hot weather in the south continues to affect bird weights. Breast markets have started to strengthen as supply has tightened. Tenders are strengthening and are still in short supply. Whole birds are mostly even. Wings of all sizes are in high demand and supply is very tight. Dark meat is steady on solid demand.

Seafood

Snow crab season is closing mid-August and pricing is firming up. Any remaining inventories of Russian King Crab should be depleted. Operators looking for replacements should look to S. American Santolla Crab and Golden King Crab as a sub. Imported shrimp inventories are at equilibrium.

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