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Cattle prices have been very volatile over the past week and are expected to continue. Packers were able to buy cattle cheaper last week and expectation is for that to be the same this week.
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.
Cooler weather is helping to improve bird weights and it’s causing supply to improve around the country. Tenders have freed up in the open market. Wings are the best value in chicken as prices remain low. Breasts of all sizes are showing good availability. Availability of thigh and leg meat has also improved.
Pork markets have stabilized from recent declines. Hams are trading at recent levels. Bellies are unsettled as fresh and frozen availability varies across the country. Loins are steady with adequate supply and a slowly softening market per seasonality. Butts have softened. Ribs remain steady.
Strength in the middle meats last week helped the cutout value. End cut pricing held steady for the week. Packers’ inventories look to be a little heavier this week and the tone of the market feels to be steady. The prime grade remains strong. Prime availability doesn’t look to be an issue over the next few weeks.
Jumbo and Extra-Large shell eggs are up, Large shell eggs are up, and Medium are up. California – Jumbo are up, Extra Large are up, Large shell eggs are up and Medium shell eggs are up. The Block market is up, and the Butter market is up. Cream remains readily available.
Soybean oil moved lower last week. Crushers are processing beans at a record pace with demand being driven by biodiesel. Technical data suggested a bearish tone. Canola seed futures moved higher staying in step with soybean futures. Palm oil moved lower.
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.
Overall supplies expected to remain steady with holiday pull expected to increase pricing into late next week. Quality from Mexico has improved although larger sizing is still limited. Peruvian transition will slow supplies through this month.
Mexico- supplies are plentiful, quality is good, demand is good and the market steady. California – supplies tight, quality excellent, demand good and the market is steady, 6 weeks left.
East – Green supplies, quality, demand are good, market is steady to slightly higher. Red and yellow supplies good, quality fair to good, demand is strong, market is steady. West – Green transition is underway. Quality from the desert looks good. Color markets are active with weather related issues, market is higher.
Market is softer as supplies are better but lower yields continue to impact California supplies. Mexico volume is helping but overall volume is light.
Market remains elevated but is softer. Supplies are expected to be light through transition. Quality continues to be fair.
Market is higher a. s supplies and quality are coming under increasing pressure from quality issues. Yields are declining and is expected to continue to trend lower as we head into the holiday season.
Market on parsley is steady and cilantro is mostly steady with fair supplies. Quality reported as fair to good on both.
Market is active with the additional volume out of Huron coming to an end. Weights and yields continue to be low keeping supplies very short.
Market very active and remains very elevated. Quality and weather continues to impact yields on romaine with hearts extremely limited. Market to remain active through transition.
Yellow, red and white supplies are good. Quality in Idaho and Washington is good. The outlook is for good availability all season. Demand is slightly better due to exports into Asia. Prices are slightly 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.
East – Zucchini supplies steady, quality good, demand strong, and the market is steady. Yellow supplies good, quality good, demand good, and the market steady. West-Zucchini volume expected to increase this week on all sizes and grades. Yellow squash volume expected to light.
Round and Roma tomato availability increasing out of Florida and Mexican growing regions. Markets are trending lower. Grape and cherry tomato markets are unchanged on steady supplies.
Steady demand and markets higher as production is under budget the next two weeks due to early rains. Quality reported as fair for both.
Lemons- Supplies good, quality fair to good, demand strong, and the market is steady. Harvesting out of D3 and D1; size structures are complementing each other allowing availability across the board. Oranges- Supplies good, quality good, demand strong, and market higher.
Currently shippers are peaking on small fruit. The market is starting to split as large fruit is tighter. Growers will watch field forecast and advise on size structure shifts.
Limes- Supplies good, quality good, demand fair to good and the market is steady. Fruit has sized up, more availability on large sizes but good overall on all sizes, with slightly fewer 250’s
Red grapes continue with high quality and supply. Greens however continue to be a little less in quality due to the rains that hit over the last few weeks.
Cantaloupe Limited desert production with moderate demand have markets steady. Quality is mostly good with lingering weather-related outer issues. Offshore arrivals will help market stabilize. Honeydew Markets are slightly lower as Mexican volume increases to help fill the pipeline.
Demand exceeds supply until Mexico production increases and Florida gets started in December. Prices are higher. Quality is generally good.
