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Ground Beef prices are moving lower, our prices are very competitive!
Supply of chicken is increasing as there are more eggs sets and cooler weather is allowing birds to get bigger. Breasts and tenders will see the most overall increase in
supply.
Wings demand has begun to pick up as we enter football season butt here is availability. Tenders and breasts are seeing increased supply. Birds are getting bigger with cooler weather and more chickens are being hatched. Dark meat demand remains very good. Whole birds are mostly even.
Butts both Bone-in and boneless materials are supported. Loins are steady in the bone-in sector, while boneless are mixed due to some export demand. Ribs are mixed across types. Bellies remain unsettled as supply and demand is mixed. Trim markets are sideways and down a decent amount on the week.
Packers are in a volume driven market. Ribs and tenders continue to trade steady while upper 2/3 graded product continues to support most of the demand. In the loin complex, Ch & Sel grade continue to struggle, while upper 2/3 seems to have found a floor for now. The chuck and round complexes are finding resistance. Grinds continue to trade lower as demand continues to lessen even more.
Shell egg markets are down this week. California and Northwest markets are down. The Block & Barrel are increasing. CME spot cheese prices rallied up to new 12-month highs this week. Butter is flat.
Soybean oil futures moved lower approximately 2% last week as stocks are improving. Helping push soybean oil down is the heavy crushing currently taking place for meal. However, very dry weather in Ohio and drought in South America has traders concerned, which is supporting soybean oil. Canola is expected to move lower.
The frozen tilapia market is highly unsettled with the news of a strong typhoon hitting several areas in both China and Vietnam. Prices of imported shrimp are also increasing due to import cost increases. Octopus market continues to firm up due to increased demand in Europe and the U.S. and decreased raw material availability.
Extremely limited volume out of Mexico is putting pressure on an already limited Peruvian supply, is keeping the market extremely volatile. Quality is fair at best from all regions. Demand exceeds supply.
West – Volume is tapering off with sizing trending smaller. Market and demand are steady. Quality is good to fair.
East – green bell production in multiple growing regions, quality good, demand picking up and market could increase by the weekend. Red and yellow remain extremely short.
Extremely limited volume out of Mexico is putting pressure on an already limited Peruvian supply, is keeping the market extremely volatile. Quality is fair at best from all regions. Demand exceeds supply.
Market higher as we come into to lighter volume for the next week or so. Still seeing normal sizing and good quality on all packs.
Market up a bit on stronger demand, as some regional deals wind down. Quality is reported as good.
Market softer on Cilantro on good supplies and moderate demand. Parsley is mostly steady on moderate supply and demand. Quality is good on both, however some minor yellowing noted on some lots of parsley.
Demand is very strong, and the market remains elevated. The volumes are much lower due to losses from extreme heat in Mexico. Growers are struggling to keep up with demand and sizing is trending on the small side.
LE Cucumber continue to transition to winter plantings and demand exceeds supplies.
Demand is moderate to good, and market is mostly steady with good supplies and good weights getting packed.
Romaine market is mostly steady with higher undertones as quality issues are impacting yields. Hearts have strong demand and good supplies. Market has pushed up some.
Supplies are steady on yellows and reds from Washington and Idaho on new crop. Demand is good. Quality has been good. The markets are lower on Yellows and whites, steady on reds.
Supplies are good on the new crop. Sizing and quality is also good. Prices are lower on mid and large sizes, and steady on small sizes.
West – Yellow squash is limited, zucchini supply steady. Rain forecast will slow production. The market is higher.
East – Zucchini and yellow squash supply steady, quality good, demand good.
Markets remain stable both east and west on all varieties (round, roma, grape, & cherry). Quality will continue to improve as volume increases.
Market remains mostly stable – with large fruit adjusting slightly lower and small fruit adjusting slightly higher. The new crop will begin late September, early October. Category 2 fruit will remain in limited supply until late October.
Supplies are very limited from all suppliers due to weather-related quality issues bringing the Pacific Northwest region to an abrupt end. Peru has started with much lighter volume than normal due to past weather and crop issues. Expect demand to exceeds supplies for several weeks.
Lemons – Market is lower on 140 ct and smaller, 115 ct and larger are up slightly. Decent volume from California and the additional fruit coming in from Chile.
Oranges – High demand continues to push market up while supplies are dwindling down. Domestic Valencia oranges have finished for most all suppliers. Major delays on port arrivals have impacted the supply of import oranges to fill the void of domestic fruit.
Limes – The lime market begins to deescalate. The new crop has begun harvest in most operations. Small fruit is peaking 250s/230s, and quality has improved. Large sizes will be scarce during the start of the new production, with quality/shelf life fair.
Supplies remain good and quality good as well. Not much change expected for the next 3 weeks, market is steady.
