Category: Uncategorized

Freshly Picked, November 22, 2021

Alerts & What’s Trending

Produce

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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

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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

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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

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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

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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

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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

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

Freshly Picked, November 15, 2021

Alerts & What’s Trending

Produce

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

Grains

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

Dairy

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

Beef

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

Pork

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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

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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

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

Freshly Picked, November 8, 2021

Alerts & What’s Trending

Produce

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

Grains

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

Dairy

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

Beef

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

Pork

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

Poultry

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

Seafood

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

Freshly Picked, November 1, 2021 Copy

Alerts & What’s Trending

Produce

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

Grains

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

Dairy

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

Beef

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

Pork

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

Poultry

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

Seafood

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

Freshly Picked, October 25, 2021

Alerts & What’s Trending

Produce

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

Grains

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

Dairy

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

Beef

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

Pork

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

Poultry

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

Seafood

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

Freshly Picked, October 18, 2021

Alerts & What’s Trending

Produce

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

Grains

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

Dairy

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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

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

Pork

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

Poultry

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 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

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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.

What Are Rebates and Deviations?

Are you taking advantage of rebates and deviations?

Making a profit is not always the main motive for opening a restaurant. It’s also about having a true passion for cooking and hospitality. Usually, the latter is behind the drive and motivation to open a restaurant.

But when you’re running a multi-unit chain operation, making a profit moves to the top of the list.

Restaurants are already running on thin margins.

Anywhere you can save money is vital to your bottom line. As a multi-unit restaurant operator, taking advantage of rebates and deviations should be a no brainer.

What are manufacturer rebates?

Rebates are marketing funds used by manufacturers as an incentive to build customer loyalty and improve sales.

Rebates are earned by the operator based on their purchases of the manufacturer’s products. 

Manufacturer rebates are dollars paid out quarterly to customers based on their purchases.

Any purchase on an item that is covered on a Consolidated Concepts contract, our team will track and pay back to operators.

What are deviations?

Deviations are off-invoice savings on items you are already buying.

Consolidated Concepts is able to leverage the spend of all our customers and offer competitive pricing on food and nonfood items from our partner manufacturers.

Our team will always do a deep dive into your current spend to make contract recommendations based on your current data, with the end goal of lowering your off invoice spend.

Why should I care about manufacturer rebates?

These rebates are provided on items you are already purchasing, so, it’s simply extra money in your account without any extra work.

You can use these funds in any way to help your operation– staff training, marketing dollars, employee incentives.

This means you can focus on your COP and contracted items– and you can still earn dollars back on everything else through our program without changing products.

How do I track manufacturer rebates?

Every quarter, Consolidated Concepts will provide operators with “proof of purchase” to the manufacturer and collect the rebates earned by the operator.

Every quarter, we will provide a breakdown of your manufacturer rebate check to you.

Partner with Consolidated Concepts

Consolidated Concepts has rebate and deviation contracts with over 350 manufacturers on over 165,000 line items that cover every category imaginable.

From canned tomatoes and frozen chicken breasts to garbage bags and plastic forks – you name it, we have it covered.

Contact us today to learn more!

Freshly Picked, October 11, 2021

Alerts & What’s Trending

Produce

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

Grains

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Canola continues to do poorly while harvest is getting underway for corn and beans.

Dairy

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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

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Rounds and chucks prices are increasing due to retail. Strips trend lower.

Pork

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Export demand for ham is strong in preparation for holidays.

Poultry

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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

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Despite the hurricane, shrimp still is in good supply. Cod quotas will be reduced.

Freshly Picked, October 5, 2021

Alerts & What’s Trending

Produce

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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

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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

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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

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The market continued to drop. Rounds & chucks appear to be soft. Strips and tenders continue to trend lower going into fall.

Pork

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

Poultry

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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

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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.

Freshly Picked, September 29, 2021

Alerts & What’s Trending

Produce

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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

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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

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

Beef

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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

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

Poultry

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

Seafood

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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.