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.