Beef
Two weeks ago, the weekly harvest came in at 585k which was the largest since March. We should see the harvest remain near these levels until we get to the back-to-back holiday weeks at the end of the month.
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Two weeks ago, the weekly harvest came in at 585k which was the largest since March. We should see the harvest remain near these levels until we get to the back-to-back holiday weeks at the end of the month.
Supply was generally good coming out of a shortened production week. Tenders have freed up in the open market with extra product available. Wings remain the best value in chicken as prices stay low. Breasts of all sizes are showing good availability. Availability of thigh and leg meat has also improved.
Pork markets have stabilized. Hams are trading at recent levels. Bellies are unsettled as fresh and frozen availability varies. Loins are steady with adequate supply and a slowly softening market. Butts have softened. Ribs remain steady but strong.
Packers push sheets continue to expand which is pushing the choice cutout value lower. The focus for the first half of December will be the chucks and rounds. Middles meats pricing has been steady but are beginning to show signs of weakness. Prime grading remains near all-time highs and availability is plentiful.
Jumbos are down, Extra-Large and Large shell eggs are down, and Mediums are down. California – Jumbo shell eggs are flat with no change from last week, Extra-Large and Large shell eggs are down, and Mediums are down. The Block market is down, and the Butter market is down. Cream remains readily available.
Prices and futures trended higher last week, supported by strong export demand and biofuel-related optimism. Market sentiment is bullish, with futures gains of 2% and spot prices holding firm above $0.50/lb. Watch for continued volatility tied to export pace.
Seafood markets remain firm across key categories as seasonal harvests, regulatory enforcement, and global tariffs continue to shape supply and pricing. Shrimp, crab, lobster, and scallops are experiencing tight availability. Cod, haddock, and pangasius are under pressure. Lakefish conditions are mixed.
Mexico volume slowly tapering off through end of December, pricing will gradually increase. Peru volume light but steady, any additional volume expected to offset Mexico’s decline. Market steady to softer, and quality is good on both coasts.
East – Green supplies steady, quality good, demand strong, and the market is higher. ALERT Red and yellow supplies are tight, quality fair to good, and market increasing. West – Baja, MX field red volume will increase by end of week. Nogales green tight as well.
Market is softer as supplies as supplies are improving and moderate demand. Quality is fair to good.
Market is softer as supplies as supplies are improving and moderate demand. Quality is reported as good.
Market is higher as supplies are lower from quality issues and increased demand. Yields are declining and is expected to continue to trend lower for several weeks.
Market on parsley and cilantro is mostly steady with fair to good supplies. Quality reported as fair to good on both.
Market is softer but supplies are still lighter but weakening demand is helping. Quality is fair.
Market softer but remains elevated. Quality and weather continues to impact yields on romaine and hearts.
Yellow, red and white supplies are good. Quality in Idaho and Washington is good. The outlook is for good availability all season. Demand is good. Prices are steady with white onions a bit higher.
Supplies are good on all sizes across the board. Sizing is very large. The outlook is for good availability all season. Quality is good. Prices are steady.
Steady demand and markets remain elevated as production is under budget the next few weeks due to early rains. Quality reported as fair for both.
East – Zucchini supplies are good, quality good, demand good, and the market is steady. Yellow supplies are tight, quality good, demand good, and the market is steady and high. West – Yellow remains very short, fair quality. Zucchini in better shape, condition and quality.
Availability continues to improve on all varieties both east and west which has stabilized the overall market. Quality can vary slightly among shippers.
Mexico supplies plentiful, quality good, demand good, and the market is steady. Demand is expected to increase following the Thanksgiving holiday. With Mexico’s production outlook remaining solid, the industry anticipates supply conditions to remain good.
Lemons- Supplies good, quality good to excellent, demand good and market is steady. D3 is our main source of volume with a 140/115/165 peak. Good supplies across the board.
Oranges- Supplies are good, quality is good to excellent, demand is good, and the market is steady. Industry supply has returned to normal after the rain event. The crop is peaking in an 88/113/72 structure. Fruit has a good color and taste profile.
Limes- Supplies good, quality fair to good, demand good, and the market is steady. The lime market has strengthened, and availability has declined as we approach the end of the current production cycle.
Peruvian grapes arriving on the East Coast already. Great quality, but significantly higher in cost than the remaining domestic supply. Domestic greens running short on supply and only fair on quality. Reds fair to good.
Cantaloupe Melons contending with weather and delayed vessels causing a somewhat rocky start to the import season. Fruit is smaller than anticipated, internal quality is good with a slight green cast. Honeydew Import is slow to start, quality is very good with good sugar content. Sizing is larger.
California is back into production. Volume is improving daily but we are also going to start a crop gap with lighter volume. Florida volume increasing. Mexico, lighter than normal volume. Volume over all is lighter than normal. Quality is good. Prices are declining.