Alerts & What’s Trending
- Open Letter, Your Restaurants Loyalty Program is Boring
- The Restaurants Fight for Federal Aid
- Digital Ordering Scores with Customers
- When COVID-19 is Gone What Will Become of Restaurant Delivery
- Chicago Sues GrubHub, Doordash over Deceptive Business Practices
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.
