Beef
The cutout will continue to soften this week. The availability of most of the carcasses continues to increase. Upper 2/3 light ribs and cab peeled outside skirts seem to be the only items that are in tight supply.
February 7, 2025
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Market Headlines
Poultry
The cutout will continue to soften this week. The availability of most of the carcasses continues to increase. Upper 2/3 light ribs and cab peeled outside skirts seem to be the only items that are in tight supply.
Pork
Ham market rebounded after resolution to tariffs. Bellies continue to climb with limited cold storage reported. Trim is steady, slight climb in 72’s, moderate interest is reported & tighter supply could be coming. Loins are now steady & back to normal market price levels. Ribs are steady, spareribs are up as retail features continue to be strong.
Beef
Packers announced slaughter cutbacks. Cutbacks were due to the continued increase in the live as well as slackening demand. The cutout has seen some weakness week over week. We should continue to see some weakening of the outside cuts as we go through this week. Rib inventories continue to be in short supply on upper 2/3’s product. Grinds this week have started their downturn.
Dairy
Shell egg markets are up this week and California eggs are up. In just under two weeks, breaking stock values have skyrocketed 48.8%, reaching a record high of $4.92/dozen. The Block & Barrel are up. Butter is down with good supply.
Grains / Oil
The US has imposed tariffs on Canola causing soybean oil futures to increase. There is still dryness in Argentina, but they have reported their production to be nearly 8% higher. Canola seed futures were flat but expect the cash value for Canola oil to increase immediately. Palm moved higher despite lower demand.
To learn more contact your local Sales Consultant. Market Corner Produce information reflects both U.S. and Canadian markets. All other commodity information is based on U.S. market data only.
Produce Market Updates
Vegetables
Arugula
Supplies are tight as yields are dropping due to cold weather and yellowing at the field level. Weather is beginning to warm and will bring on production in the coming days.
Asparagus
Improving weather in Mexico is showing increased volume and lower markets. Eastern availability is lower and market is steady. Damage from recent cold fronts are being accessed but initial reports are volume will be sufficient to meet demand.
Bell Peppers
East – Green supplies and quality good, the market is steady. Reds plentiful with quality good, and the market decreasing. Yellow tight.
West – Good availability all varieties, with larger starting to diminish slightly. Markets are steady on color and lower on Greens.
Broccoli
Market is softer as supplies begin to improve with warmer temps. Quality is reported as fair to good.
Cauliflower
Market is a bit softer as supplies begin to improve with warmer temps. Quality is reported as good.
Celery
Market mostly steady with good supplies and demand. Quality is reported as good.
Cilantro/ Parsley
Market is higher on Cilantro and parsley with moderate to good demand. Supplies are lighter for both from the recent cold weather. Quality reported as far for cilantro and fair to good on the parsleys.
Lettuce Iceberg
The market is a bit higher from impact from the colder weather which is impacting yields. Quality is reported as good.
Lettuce Romaine
The market is mostly steady, with ok supplies expected into next week on Romaine. Hearts remain steady currently. Quality is reported as fair to good on both.
Onions
Supplies are good and are expected to hold through spring. Whites are lighter in supply this season. Demand has slowed on all colors. Quality has been good, with good sizing. Prizes are lower on all colors.
Potatoes – Russets
Supplies are good and look to be so thru the season. Sizing is heavy to large with most growers being lighter on small sizes. Quality is good. Prices are steady.
Squash
East – Yellow squash supplies tight, quality, fair to good, demand strong and the market is increasing. Zucchini supplies are good, quality good, demand good and the market is steady.
West – Good volume on zucchini, yellow moderate supply and demand. Quality is good.
Tomatoes
Round, Roma, and grape markets remains stable with good availability and quality both east and west. Cherry markets remain active due to lack of available volume.
Fruit
Avocado
Mexico supplies are good, quality is good, and the market is steady. 36s and larger continue to be tight. 40s–60s are in good supplies with the market weakening and 70s supplies are matching demand. California expecting rain which will slow harvesting and reduce lower.
Citrus
Lemons – Supplies are good, quality is excellent, demand is good, and the market is steady. D3 has a month to go and D1 just starting and peaking on 140, 115, and 165s.
Oranges – Supplies are good, quality is excellent, demand is good, and the market is steady. Peaking 72s, 88s and 56s.
Limes – Supplies are steady, quality is fair to good, demand is fair to good, and the market is steady.
Grapes
Good supplies and quality in the East and the West. Expected to remain steady for some time now.
Melons – Cantaloupe and Honeydews
Cantaloupe – Supplies have improved mostly peaking on 12/15s, larger limited. Quality is good to excellent.
Honeydew – Production has increased from both Honduras and Mexico relieving market. Availability is mostly 5/6s, market is lower.
Pineapple
Supplies are tight, quality is fair to good, demand is strong and the market is increasing. Expect supplies to remain limited for at least the next 6 weeks.
