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Buyers cannot replace inventory at steady prices. Packers are shorting orders across the country. Beef looks to continue to have inflationary pressures for the foreseeable future.
Turkey supply remains very tight across the complex. Whole bird and Ready to Cook Turkey breasts are in high demand and are hard to find if you haven’t booked your holiday needs.
Tenders have started to free up in the open market. Wing demand continues to be solid. Jumbo and medium breasts have better availability. Availability of thigh and leg meat has also improved.
Markets continue to soften on butts but are expected to top falling entering Labor Day. Bellies continue with volatility. Trim markets are leveling out & could soften slightly. Boneless loins are down due to wavering demand. Ham markets remained strong last week but are starting to soften. Ribs are steady.
Harvest levels dropped again last week, with totals coming in at 530,000 head. Buyers are still facing very high prices across the animal, paired with limited availability. Middle meat prices continue to increase, led by the ribeye & tenderloin. End cut prices also continue to appreciate. Ground beef prices rallied again.
Shell egg markets are mostly flat including California eggs, medium eggs are up, including California. The Block market is up. Butter is down; Cream remains readily available.
Peru volume continues to decline. MX volume remains snug, and the industry will continue to be short until likely mid-September on all sizes, especially towards larger sizes.
West – Green supply and quality are good, market steady to slightly lower.
East – Green supplies good, quality good, demand is good, and the market is steady.
Alert – Red and Yellow are critically short both coasts; demand exceeds supplies.
Market is higher, supplies tighten up a bit as growers are dealing with some insect pressure, however it is expected to keep up with demand. Quality is good.
The market continues to decline as supplies are improving. Quality is reported as fair to good.
Market is higher on tighter supplies and stronger demand this week. Quality reported as good.
Market is steady with good supplies and steady demand. Quality is reported as good to very good.
Market on parsley and cilantro is steady with good supplies. Quality reported as good on both.
Market remains active and is rising, as yields are lower and lighter heads have supplies tighter. Lower production expected for several weeks. Quality is reported as good.
Market on romaine is steady, and hearts are continuing to move up on stronger demand and fair to good supply. Quality is fair to good for both.
Yellow red and white supplies are good. Idaho and Washington harvest is well underway. California will continue thru Sept. with New Mexico ending soon. Quality is good in all areas. Prices are slightly lower in the Northwest.
Potato supplies are good. Most sheds are in new crop with a couple starting next week. Quality on new crop is good with minor skinning. Sizing covers small to large with no issues. Prices are steady. #2’s are higher as #1’s are shipped.
West – Zucchini volume will be lighter this week. Yellow squash will be plentiful.
East – Zucchini supply good, quality good, demand good and the market steady. Yellow supplies are good, quality good, demand good and the market steady to higher.
Round market continues to escalate due to declining availability out east combined with increased demand out west. Grape, cherry, and Roma markets continue to improve due to increased availability.
Mexico – Supplies good, quality good, demand good, and market is steady to lower, #2 fruit all sizes are very limited.
California – Supplies good, quality good to excellent, demand good, and the market is steady to decreasing.
Volume overall is lighter due to declining volume from Costa Rica and Ecuador. Demand is very good. However, supplies should keep up with demand.
All grapes in great supply and very nice quality. Expecting that to continue for weeks to come.
Supplies tight. quality fair to good, demand strong, and the market is increasing. Pineapple volume has started to decrease and will continue until Labor Day.
