June 16, 2023

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Market Headlines


The overall beef market is red hot, as the Choice cut out has seen a 13% increase in the past 3 weeks. Brisket and ribs are up approximately 19%.

Soybean Oil

Hot and dry weather are pushing crop scores lower for soybeans, lifting soybean oil prices 10% higher.


Shell Egg markets are flat but increasing in California. Cheese markets are up this week, but bearish tones exist. Butter markets fell this week with strong supply and weak exports. Cream supplies are good but cream pricing is moving a little higher.

Grains / Oil

Skyrocketing soybean oil futures last week due to poor crop score, compared to 5–year average, and increased usage of refined soybean oil for biofuels. This helped push Canola higher, but decreased demand and solid stocks for palm, kept that market only slightly higher.

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



Market is higher with weather impacting supply from Peru and local domestic regions winding down. This will pressure Central Mexico supplies to keep up with the demand.

Brussels Sprouts

Supplies continue to be light, and demand exceeds current production on value added and bulk Sprouts. Expecting lighter numbers through the month.

Cabbage – Red & Green

Market high on short volume of red cabbage and demand exceeds supplies. Green supplies are better, and market is steady.


Steady supplies this week and the next. Market a little softer.

Celery Alert

Market is active and still high. Oxnard numbers will continue to dwindle, and Salinas production is slow to ramp up, expect market to be unstable until Salinas settles into good production.

Cilantro & Parsley

Cilantro supplies are light and anticipating lower production over the next 2–3 weeks. Steady market on Parsley, some suppliers showing light seeder, but quality and supply still reported as good.


East – Georgia corn supplies are very tight going into the next 2–3 weeks with demand exceeding supplies. In the West good demand on moderate supplies, market is lower.

Green Beans Alert

Central California has begun in a slow way. Volume remains light, pricing slightly lower. Expect at least a week for supplies to fill the pipeline. East – Supplies are good, demand is weak, quality is good and market low.

Lettuce & Romaine – Alert

Both lettuce and Romaine supplies remain strong, and the market is holding steady.


Market is active as we settle into the main two growing areas for the summer. Size profile remains smaller than normal. Quality is excellent in both locations. California and New Mexico.

Potatoes – Alert

Supplies are very light at 40–50 ct and moderate at 60–70 ct. 80’s and smaller are seeing better volume. Quality remains good with steady pricing.


Round market remains steady on XL/LG fruit, but small round fruit markets are strengthening due to declining volume. Roma markets are also strengthening due to reduced availability east and west. Grape and cherry markets remain stable.



Prices are up, and volume is down, as the start of the “New Crop” from Mexico has been delayed.


Lemons – Central Valley is wrapping up for the season. The Central Coast region is the main source of supply until imports arrive in early July. Market active, small sizes continue to be extremely tight.

Oranges – Navels wrapping up by end of June, and full transition to Valencia’s expected at that time. Navels peaking 72/88 grading heavier to choice.

Limes – No issues with supply and market is stable on lower demand. The exception is growers are still very limited on volume of 110/150’s due to the old crop nearing the end. New crop expected mid July.


Supplies are off alert but are still very tight, it is projected that supplies will increase next week.


Volume will start to decline for several weeks now coming off the peak. Supplies will remain tight for several weeks. There have been delays to the west coast due to high ocean swells at the port of Caldera on the Pacific side.