Download Our PDF for this report
Last week the weekly harvest was 619k compared to 623k from a year ago. However, the total beef production last week was 536.4 million pounds compared to 519.1 a year ago.
HPAI report out of California indicates that they are expected to lose of approximately 1.6 M birds. Also, a farm has just been identified as HPAI positive in Arizona affecting 600 K birds.
Bigger birds, better hatchability, and larger egg sets are allowing extra supply on the market. Breast meat has evened out on all sizes. Jumbo tenders continue to see good availability. Wings are seeing extra availability on larger sizes. Dark meat demand continues to be strong. Whole birds are mostly balanced.
Butts both Bone-in and boneless are steady. Loins are mostly steady but having some softness due to increased availability and less demand. Spareribs are firm as demand continues- backs and St. Louis are steady. Bellies are not fully steady but continued to climb on the week. In Trim, 42’s are falling off with ample availability and 72’s are mostly steady.
For the second week in a row weakness was seen in both the choice and select markets. Chuck and rounds are the primals presenting the packers with the most challenge and they are having to discount to move product. Ground beef supply remains robust, and prices are under pressure. Middle meats look to be in a strong sold position.
Shell egg markets are down and California eggs are flat. HPAI has resurfaced affecting roughly 800,000 layers. This follows an outbreak last week in California, where 1.5 million layers were impacted, further reducing an already historically low flock count. The Block & Barrel is down.
Soybean oil moved much higher last week with tightness in soybean oil supply as reported by the USDA last week. Also, palm oil supplies continue to tighten and palm oil continues to move higher, putting upward pressure on soybean oil. Soybean yield and production were reported as lower moving beans higher.
Mexico in transition with steady supplies and good quality. Peru lighter supplies with good quality. Market is trending higher and expected to increase through November as demand is strong due to holiday pull.
East – Green are still tight. Most growers are seeing off grade peppers, so #1 pepper is becoming harder to find. The market is extremely high. Red and yellow bells are extremely limited.
West – All peppers are limited, with color critically low supplies. Green will improve next week, color mid–December.
Market has been increasing as supplies are limited in the industry. Demand has remained very strong for florets and moderate for cartons.
Supplies are improving and market has come down on moderate to good demand. Quality reported as good.
Market steady at currently levels on moderate to good supplies. Quality has been reported as good to very good.
Market is steady on both Cilantro and parsleys with moderate to good demand. Some occasionally yellowing noted for both, but overall quality is good.
East – Supplies are limited, quality is hit or miss, and the market remains strong.
West – Volume is light with improvement into next week. Quality is good, demand is steady.
East – Supplies are very light, demand is light, quality is good, shortages continue, supplies are limited, quality is hit or miss, and the market remains strong. and high pricing remains.
West – Moderate supplies with new acreage starting, market is slightly lower.
Supplies are getting tighter as Salinas winds down. Weights are on the lighter side, and cooler weather are impacting yields. Market has firmed up quickly.
Supplies are getting tighter as Salinas winds down. Weights are on the lighter side, and cooler weather are impacting yields. Market continues to push up on romaine and hearts.
Supplies are good on new crop yellows and reds from Washington and Idaho. Whites are lighter in supply this season. Demand is good on all colors. Quality has been good, with good sizing. Prices are steady on Yellows and reds but higher on whites.
Supplies are good on the new crop. The sizing is heavy to large with most growers being lighter on small sizes. The holiday push started this week and is not presenting any issues. Quality is good. Prices are steady.
Supplies are lighter than normal due to weather conditions and the transition to new growing regions in the South.
East – Zucchini has been plentiful, and the markets are very weak. The yellow market is much more active as supply is drying up in the southeast, market is higher.
West – Transition ongoing with supplies lighter. Market is steady, quality fair, demand strong.
Market remains on alert due to significantly reduced availability both east and west from recent weather conditions in Florida combined with reduced availability of CA & MX. Market is not expected to improve until mid–January. Quality varies amongst growers.
Overall US market is stable – with large fruit at a significant premium and smaller fruit more available. There was previously a large excess of 70 and 84ct at the border, but production has slowed bringing that more in line.
Lemons – Lemon demand is steady. Fruit quality is excellent, and the peak sizes are 165s/200s/140s followed by 115s Market is mostly steady.
Oranges – Demand for oranges is good. Navel oranges are available, and the fruit quality is excellent. The peak sizes are 113s, 138s, 163s and 88s. Pricing for 88s and larger is steady while the pricing for the smaller sizes is sliding due to high volume.
Limes – Stable supply expected through November. Lower harvesting is being done in response to lower demand and low market. This will allow fruit to continue to gain size and will see more volume in 110s/150’s/175s for December and lighter supply small fruit.
Reds in good supply and quality. Greens also in good supply and quality, but supplies dropping and market going up on greens now. Offshore grapes already arriving to the US as well.
