Market trends For week ending January 10, 2020 - Performance Foodservice
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market trends For week ending January 10, 2020
market trends
WEek ending January 10, 2020
Produce
Market Overview
Markets are very active out of Yuma due to rain. The tomato market MARKET ALERT
continues to be EXTREME due to weather conditions out West and in • Artichokes – EXTREME
Florida. Green Onions are also EXTREME. Avocados are a good buy. • Asparagus – ESCALATED
• Broccoli - ESCALATED
The weather in the Yuma area has been cold with some microclimates • Carrots (Jumbo) – ESCALATED
getting a light freeze. The cold weather has really slowed the growth rate • Cucumbers - ESCALATED
of crops in the dessert. With the epidermal peel, mildew and the cold • Corn- ESCALATED
weather expect light weights with iceberg and a lot of packer brand for • Garlic – EXTREME
the next few weeks. Romaine has been battling mildew and blister both • Green Onions – EXTREME
of which are keeping us out of brand in Yuma and El Centro. • Honeydew - ESCALATED
• Potatoes – EXTREME
The weather in Coachella is causing light weights with iceberg as well. • Tomatoes (Rounds, Romas, Grapes &
We are expecting packer with iceberg there for possibly the next two
Cherries) - EXTREME
weeks. Let’s all hope for some warmer weather.
WATCH LIST
Processed items should not be affected by the cold weather. But
• Chinese Ginger
product may become a bit tight if the processors have to use up more
acreage due to the light weights. • Mexican Imports (Tomatoes, Eggplant,
Chili Pepper, Green Bell Pepper, and
Apples & Pears Eggplant) - We could see potential delays
There is good supply on new crop fruit out of all major domestic growing at the border crossing ramping up this
areas. The Granny Smith market for foodservice will remain tight due to week due to the discovery of a virus
a shift in sizes; there is lighter than normal crop on 100s. Quality is very in Mexico potentially affecting tomato,
nice across all varieties. bell pepper, chili pepper, and eggplant
Pears: Very good supply of Bartlett and D’Anjou; quality is excellent. production. At this time, we are not
Bosc and Red pears also have excellent supply and quality. seeing any issues with our growers.
GOOD BUYS
Each week, we want to spotlight commodities based on how favorable prices, quality, and supply are in the market. Stay
ahead of the trends and look to these good buys for their stellar performance in the fields!
Commodity Market Update Produce Expert Tip
Avocados Large fruit (48s and larger) remain on New year, new me... right? Well, we have the healthy fat for you,
the tight side with the crop currently AVOCADOS! Now, guacamole is the first thing that comes to
being harvested. There is plenty of fruit; mind, but did you know you can use avocado as a substitute
mainly #2s and small-sized fruit (60s and for mayo? For example, you can use avocado to make tuna,
smaller). This will continue through late chicken, or egg salads. It adds a creamy richness, and that
January and trend heavier on larger fruit healthy fat element you might be looking for!
(48s and larger).
YUMA FORECAST
2
market trends
WEek ending January 10, 2020
Produce (continued)
Artichokes Bananas
Light supply is forecasted for several more weeks. Extremely Banana supply is beginning to be lower which will affect the
limited volume on 30 and 36ct. In Salinas, supply will be in open market banana pricing. This situation may remain until
and out until the end of January. Quality could be affected by week 6-7 of 2020. No new news regarding plantains as we
cold weather; artichokes could become frosted. Demand for are still super tight on plantains and we expect to be short
artichokes exceeds supply, prices continue to climb higher. until middle of January.
Arugula Beans
Supply issues are due to the recent cold spell, field ice and EAST: Florida has had an increase in bean production despite
rain. some weather last week. There are beans in the lake area,
South Florida, Homestead and Naples/Immokalee with the
Asparagus strongest volumes. So far, quality is good with potential minor
ESCALATED Mixed Market. Light supply in the east due to issues this week due to the rain showers. FOBs are steady
limited space available on airplanes, while the west coast is with overall good volumes.
seeing extreme shortages due to freezing temperatures in WEST: Mexico’s bean production is back to normal volumes
Caborca. allowing the market to level back out. FOBs are back to
steady and quality is looking good.
Avocados
Markets are steady and there is some strength with the Berries:
smaller sizes. Trucks are very short, and it is causing some Blackberries
extra demand at destination as the reload isn’t as available as Blackberries are doing well, and quality is looking good. We
normal. Mexico picked light last week, and this will be another had a little rain and wind last night and this morning, and
light week. Next week it should become active as the push for because of these conditions we did not pack today. Aside
Super Bowl begins. #2 fruit continues to be around 15-20% from this minor weather setback today we have no significant
of the harvest. quality concerns to report and fruit is looking nice.
Blueberries
Blueberries are plentiful among both our Chile and Mexico
regions, and all Mexico commodities are looking strong due to
the favorable weather conditions.
Raspberries
Raspberries are showing minor defects such as broken and
green fruit here and there, and very minor overripe. Overall,
the quality is good, and packs look clean. Volumes will be
increasing each week.
Strawberries
Oxnard strawberries are looking good with nice size, shape
and sheen. Santa Maria Fronteras will be kicking off harvest
end of next week. Florida strawberries are facing some
minor hurdles due to moisture in the fields, but this is being
monitored diligently. Cold, dry weather is on the way for
Florida soon which will improve quality.
Bok Choy
Supplies are normal this week.
Broccoli
Supplies are lighter this week.
3
market trends
WEek ending January 10, 2020
Produce (continued)
Brussels Sprouts Cilantro
Supplies of sprouts should be normal for the coming weeks. Supplies are expected to be plentiful this week.
Some quality issues may impact yields.
Corn
Cantaloupe ESCALATED Markets remain firm as production is slow to
Offshore fruit has been arriving and good volumes available on ramp back up out of Florida. In the West, we are seeing
9/12’s the overall quality looks good and fruit eating well. The volume begin to cross through Nogales. We do expect firm
first of the arrivals here on the west have also started to arrive markets through the middle of January.
but lighter volume, the market is a bit weaker on the east
versus the west due to heavier supplies east. We expect the Cucumbers
market to stay strong through the month until better volumes EAST: The offshore Honduran program has started lightly and
arrive the first of the year. should cover the transitional gap in supply. Expect volumes to
be in full swing mid-January. FOBs are escalated with potential
Carrots downward pressure when supply picks back up.
ESCALATED Jumbo carrot market is getting active as sizing WEST: Mexico is seeing a little more product coming in at both
is becoming a challenge. Supply is also getting tighter across Nogales and McAllen this week. Quality can be hit or miss,
the entire category due to weather. especially at McAllen, as the prior rain still has its effects on the
crops. Supply should improve after the first of the year, but full
Cauliflower crop recovery is not expected until late February/early March.
Cauliflower supplies are going to be lighter this week, due to FOBs are escalated.
cooler growing conditions.
Eggplant
Celery EAST: As more South Florida growers have come online with
Mexico is in full swing and quality is good. Overall volume is crops, availability and quality have improved in the East. With
extremely light for us over the next 3 weeks. We have more of minimal quality issues and some good volumes, our eggplant
the smaller 30’s and 36-sized celery. deal is looking great in the East. FOBs are steady and quality
is good.
WEST: For the West, eggplants did not seem to suffer any
major negative consequences from Mexico’s weather and
there is good supply coming into Nogales. FOBs and volumes
are steady.
English Cucumbers
Good volume crossing through Nogales and McAllen.
Fennel
Fennel will be at budget this week. 24/30/36s are available; 18ct
will remain limited. Quality remains strong overall.
Garlic
EXTREME Domestic garlic yields are drastically down due
to a percentage of plants that did not develop. We are
also seeing quality issues due to weather. Chinese garlic is
becoming very short in supply due to a US custom fee that
will need to be paid, higher tariffs, and lower yields in their
crop. The Chinese supply we are seeing has great quality;
however, it is expensive. Please be aware that you may see a
shortage in supply in our domestic crop as well as increases
in prices. Please understand that quality of domestic product
is average.
4
market trends
WEek ending January 10, 2020
Produce (continued)
Ginger Green Onions
WATCHLIST Chinese ginger markets are mixed, but quality The market has skyrocketed to over 30.00 FOB, due to lack of
is good. Also, product is available at higher costs from Brazil, labor in Mexico from two holidays back-to-back. The market
Peru and Thailand. We could see Chinese Ginger prices tick will remain active through this week.
upward should tariffs remain in place.
Honeydew
Grapes Market very strong on both coasts, the east is getting a
We have finished our California fruit and have transitioned to majority of the volume and Mexico is crossing lighter volumes
Peruvian/Chilean. The Peruvian fruit has started to arrive on here on the west and will start to see offshore arrivals to the
both coasts—only container volumes. The Chilean import are west in a couple weeks. The overall quality is good and fruit
starting to arrive with very light volumes (containers only) on eating well.
the East and west coast. The first break bulk ships will arrive
12/28 on the east coast and 1/12 on the west coast. Fruit Jicama
will stay tight for another 10-14 days on both colors. The first Storage product is available; expect to see blemishing as it’s
arrivals quality has looked very good. This is the latest start we storage fruit. Availability is lighter this week.
have seen from Chile in over 10 years and is causing some
supply issues as we are depleted on USA product. Kale (green)
Supplies are steady this week.
Green Cabbage
There are heavy supplies this week. Lemons
We are still packing Dist. 3 Desert Lemons as well as Dist. 1
Red Cabbage Central valley lemons at this time. The overall color is good but
Supplies are heavy this week. you will see some green as well due to the time of the year we
are gassing to bring on color but you will still see some green
stem end and blossom end, the fruit is on the firm side. The
overall quality is good and will only get better as our gassing
hours decrease in the coming weeks due to our cooler
weather helping bring on color. Rains have also caused the
Lemon harvesting to slow way down and fruit getting tighter.
We expect to be back in and harvesting mid next week.
Lettuce:
Butter
Production volumes are steady this week in the desert region.
Normal volumes are forecasted to continue.
Green Leaf
We are seeing quality issues as well as lighter weights; supply
remains steady. Markets seem to be flat but look for a slight
increase in prices as we head into next week.
Red Leaf
We are seeing quality issues as well as lighter weights; supply
remains steady. Markets seem to be flat. As with Green Leaf,
we could possibly see a slight increase in market as we head
into next week.
Iceberg Lettuce
Volume is lighter due to cooler temperatures, rain, and lack of
labor. Expect lighter weights along with quality issues.
5
market trends
WEek ending January 10, 2020
Produce (continued)
Romaine/Romaine Hearts Onions
Romaine and Romaine Heart markets are very active out of The market has started to move up in a small way on yellow
Yuma, and supply looks to be very short through the balance onions in both Idaho and Oregon; While this is typical for the
of the week. Blocks are exhibiting good color, uniform sizing, market to start to strengthen this time of year, growers are
and strong yields. Recent rain has made field conditions now realizing the higher shrink levels from the freeze that took
somewhat muddy, and we have had some ice delays in the place in October. We expect that we will continue to see more
early mornings. Some quality issues. damage as onions sit in storage, and the supply situation for
the remaining 3-4 months of the storage crop could decrease
Limes significantly. As we saw in November’s NOA report, Idaho/
The market continues to be tighter, especially the smaller fruit. Oregon are showing they are down approximately six million
Due to the holidays, growers in Mexico are not picking as sacks, and this is prior to the loss from freeze damage. We are
much and some will shut down completely for several days. hearing that Holland and Mexican crops may be on the larger
Sourcing is still light, and there are delays getting fruit crossed. side, which could put a cap on the strength of the domestic
This instability will continue through the first part of this year onion market as well.
and we will see prices trend upwards.
Oranges
Napa We are going on California navels and we have seen good
Supplies are steady. color break since the end of last week. We are still going to
be gassing some lots but for most part fruit is natural full color
fruit is testing 11.0—12.00 so fruit is eating good and will only
continue to improve as we go forward. The recent rains have
really helped to size up the fruit we are peaking on 72’s and
88’s followed by 56’s now. The overall quality is looking good
and fruit is firm as the weather has been cool.
Parsley(Curly, Italian)
Supplies are on the lighter side because of increasing demand.
Green Pepper
EAST: Due to the rain and the holidays, there weren’t as many
bell peppers coming out of Florida last week. There is product
in the fields to supply should rebound after the holiday as long
as rain does not impact quality too significantly. FOBs are
steady and quality is fair.
WEST: In the West, lighter volumes are coming out of Sinaloa
which tightened up availability a bit. Although availability
in Mexico has been challenged by the holiday harvesting
schedules, volumes should ramp back up to normal numbers
after the holiday. FOBs are steady and quality is fair.
Jalapeños (Chiles)
EAST: Although jalapenos tightened up at the end of last week,
Florida continues to provide light to moderate supply of chilies
for the Eastern market. Plant City’s harvest will wind down over
the next few weeks, but South Florida will still have product
available. FOBs are steady.
WEST: Mexico is experiencing some good volume on most
varieties with tomatillos being on the snug side due to the rain
damaging the husks. Overall, Chili production is flowing in the
West. FOBs are steady and quality is good.
6
market trends
WEek ending January 10, 2020
Produce (continued)
Mini Sweet Peppers Idaho Potatoes
Baja and Nogales production remains light, but we anticipate We are still experiencing an escalated pricing situation,
an increase sometime this month. Decent product expected and we anticipate this will be the case for much of, if not
to begin in the Southeast soon. all, of the season. We continue to see large size cartons
in the 40ct through 70ct range remain limited, which is an
Red & Yellow Bell Peppers indication of shorter yields and supply. Growers are still
EAST & WEST: Crossings at Nogales have been hit or assessing how much damage was done to from the freeze,
miss over this holiday season, but we should see some but it estimated that 20%-30% of the entire Idaho crop was
improvements on quantity and quality as more growers are impacted by freezing temperatures. We will continue to see
breaking into their new crops. Expect upward pressure on the effects as product sits in storage, and internal issues
volume once we get into the New Year. FOBs are steady and begin to rear themselves. Potato processors are also short,
quality can be hit or miss. which is creating added competition for the fresh market to
secure supply, as these companies are offering higher dollar
Pineapple amounts than the fresh market is currently garnering. Sheds
Pineapple sizing will begin to shift to smaller sizes in the next are facing pressure to raise prices and increase returns
few weeks with limited availability on 5s & 6s. Quality will be to growers in order to fend off these purchase offers from
good, market pricing on the larger fruit will go up very quickly. processors. It is believed that during the months of March/
April when other russet growing regions finish shipping their
crop, that the market may become very short as customers
will look to Idaho to fill their supply gaps left by these other
regions.
Snow Peas
Good supply and quality arriving through Florida. Extremely
Iight supply out of the west.
Sugar Snap Peas
Good supply and quality arriving into Florida through the end
of the year. Extremely Iight supply out of the West.
Spinach (Bunched)
Supply has improved, and product is readily available.
Spinach (Baby)
Supply has improved, and product is readily available.
Spring Mix
Supply and quality are good.
Sweet Potatoes
Demand for sweet potatoes continues to be high after
Thanksgiving and Christmas. We will see the market remain
steady up until mid-January before things start to slow down.
FOB’s out of all growing regions remain above average but
we should not expect a spike like last year
7
market trends
WEek ending January 3, 2020
Produce (continued)
TOMATOES Grapes/Cherries
Mexico’s weather event has created some bumps in the
EAST transition from Baja to the Mainland growing areas causing
Rounds volumes to be very snug through the holidays. Once the
Florida round tomato production is in a similar boat to last week transitional gap can close back up and our deals get back
with limited volumes as some growers are still working through into the swing of things, expect volumes to improve. FOBs are
their low-yield plantings that were affected by the prior weather. steady from last week as supply is tight through the end of the
The size profile on the fruit is down a bit as most harvests have year.
been 2nd and 3rd picks. Lipman will be moving into some crown
picks this week which will bring a little more size to the table. Yellow Squash/Zucchini
Expect supply to remain short for a few more weeks and FOBs to EAST: Florida has consistent supply of zucchini but yellow
remain escalated until we see upward pressure on volumes. squash has become snug for quality reasons. Expect numbers
to get back to normal in the next week or two with better
Romas quality. FOBs are steady.
Florida Romas are experiencing a high demand as they seem WEST:With more Sinaloa growers coming online, Mexico now
to be more accessible than the rounds. Quality is fair and has better volume and quality on both colors. FOBs are steady
supply will remain snug through the beginning of January. There and quality is good.
is just not enough acreage dedicated to Roma production to
significantly impact availability. FOBs are escalated. Watermelons
Florida has started on seedless with both cartons and bins;
Grapes/Cherries supply should be steady. Sugar levels range from 11 to 12 Brix.
Florida grape production is improving as new crops get rolling
and farms are seeing more normal yields. Florida grape volume
will experience upward pressure sooner than rounds or Romas
and possibly will be at normal winter volumes in a few weeks.
Quality is fair and FOBs are steady from last week.
WEST/MEXICO
Rounds
Quantity and quality remain an issue in Mexico has our deals
continue to feel the effects of the recent tropical system. Older
crops in Baja and East Mexico are experiencing quality issues
while the newer fruit in Mainland and West Mexico are slow to get
going. Mainland Mexico is slow to come on to help with supply.
Early Volumes are really light, and quality is average. Round tomato
supply will remain short until mid-January where we will begin to
see some FOB price relief with better quality and availability.
Romas
Mexican Romas are showing slight signs of improvements as a
few more growers get started with light harvest. Overall, supply
remains light with expected upward pressure as we wrap up
the year and more growers come online. With demand high
and volumes limited, quality of pack outs are not the greatest.
FOBs are escalated with potential downward pressure as we
get into new fields. We should see quality and volumes clean
up by the 2nd or 3rd week of January.
8
market trends
WEek ending January 3, 2020
Beef, Veal & Lamb
Following the reopening of the downed Tyson beef plant, cattle harvests jumped to 682k head earlier this month, the largest
weekly throughput for Q4 since 2002, and last week’s harvest remained active at 668K. Seasonally, cutouts are declining, with
losses being led by the Choice middle meats and grinds. Following the expensive holiday shopping season, ground beef prices
tend to find support as a lower cost beef feature item, but given persistently elevated prices since the late summer, lackluster
interest is being noted. Still, ground beef prices should find support later this month into mid-January.
Description Market Trend Supplies Price vs. Last Year
Live Cattle (Steer) Increasing Short Higher
Feeder Cattle Index (CME) Increasing Short Lower
Ground Beef 81/19 Increasing Good Lower
Ground Chuck Increasing Good Lower
109 Export Rib (ch) Decreasing Good Higher
109 Export Rib (pr) Steady Good Higher
112a Ribeye (ch) Decreasing Good Higher
112a Ribeye (pr) Steady Good Higher
114a Chuck , Shlder Cld(ch) Increasing Good Higher
116 Chuck (sel) Decreasing Good Lower
116 Chuck (ch) Decreasing Good Lower
116b Chuck Tender (ch) Decreasing Good Higher
120 Brisket (ch) Increasing Good Lower
120a Brisket (ch) Decreasing Good Lower
121c Outside Skirt (ch/sel) Decreasing Good Lower
121d Inside Skirt (ch/sel) Decreasing Good Lower
121e Cap & Wedge Decreasing Good Lower
167a Knckle, Trimmed (ch) Increasing Good Higher
168 Inside Round (ch) Increasing Good Lower
169 Top Round (ch) Increasing Good Lower
171b Outside Round (ch) Decreasing Good Higher
174 Short Loin (ch 0x1) Increasing Good Higher
174 Short Loin (pr 2x3) Steady Good Higher
180 0x1 Strip (ch) Increasing Good Lower
180 0x1 Strip (pr) Steady Good Higher
184 Top Butt, boneless (ch) Decreasing Good Lower
184 Top Butt, boneless (pr) Steady Good Lower
184-3 Top Butt, bnls (ch) Decreasing Good Lower
185a Sirloin Flap (ch) Decreasing Good Lower
185c Loin, Tri-Tip (ch) Increasing Good Higher
189a Tender (sel, 5 lb & up) Decreasing Good Lower
189a Tender (ch, 5 lb &up) Decreasing Good Higher
189a Tender (pr, heavy) Steady Good Higher
193 Flank Steak (ch) Increasing Good Higher
50% Trimmings Decreasing Good Lower
65% Trimmings Decreasing Good Higher
75% Trimmings Steady Good Higher
85% Trimmings Increasing Short Higher
90% Trimmings Decreasing Short Higher
90% Imported Beef (frz) Decreasing Good Higher
95% Imported Beef (frz) Decreasing Good Higher
Veal Rack (Hotel 7 rib) Steady Good Lower
Veal Top Round (cap off) Steady Good Lower
9
market trends
WEek ending January 3, 2020
Grains
The wheat markets have been erratic during the last few weeks as the trade adjusts to various supply concerns. Major
wheat exporter, Argentina, recently boosted export tariffs on their wheat which could impact supplies during the next several
months. The wheat markets may remain underpinned in the near term.
Description Market Trend Supplies Price vs. Last Year
Soybeans, bushel Decreasing Good Higher
Crude Soybean Oil, lb Steady Good Higher
Soybean Meal, ton Decreasing Good Lower
Corn, bushel Decreasing Good Higher
Crude Corn Oil, lb Steady Good Higher
High Fructose Corn Syrup Decreasing Good Higher
Distillers Grain, Dry Steady Good Lower
Crude Palm Oil, lb BMD Steady Good Higher
HRW Wheat, bushel Decreasing Good Lower
DNS Wheat 14%, bushel Increasing Good Lower
Durum Wheat, bushel Decreasing Short Higher
Pinto Beans, lb Steady Good Higher
Black Beans, lb Steady Good Lower
Rice, Long Grain, lb Steady Good Higher
Dairy
After hitting the lowest level since November 2016 earlier this month, spot butter prices are finding support. The cheese markets
have fallen sharply recently, especially cheese barrels. Per the USDA, November milk production was up .5% year-over-year. The
milk cow herd was .3% smaller than a year ago, but the USDA did adjust its October herd number up by 3k head. November’s
milk-per-cow yield was .8% better than a year ago, which is disappointing compared to the October milk-per-cow yield up 1.7%
(yoy). History says to expect only modest price declines from here for both cheese and butter.
Description Market Trend Supplies Price vs. Last Year
Cheese Barrels (CME) Increasing Good Higher
Cheese Blocks (CME) Increasing Good Higher
American Cheese Steady Good Higher
Cheddar Cheese (40 lb) Steady Good Higher
Mozzarella Cheese Steady Good Higher
Provolone Cheese Steady Good Same
Parmesan Cheese Steady Good Higher
Butter (CME) Increasing Good Lower
Nonfat Dry Milk Increasing Ample Higher
Whey, Dry Decreasing Good Lower
Class 1 Base Decreasing Good Higher
Class II Cream, heavy Steady Good Lower
Class III Milk (CME) Increasing Good Higher
Class IV Milk (CME) Decreasing Good Higher
10market trends
WEek ending January 3, 2020
Pork
Last week’s hog slaughter came in at an estimated 2.81 million, a new all-time slaughter record, but active schedules are still
anticipated into the first half of 2020. Pork belly prices continue to languish near the $1.00 mark, but price risk remains to
the upside both seasonally, as well as on escalating export expectations. Pork 72s have started to decline and are back near
2018 levels. The upside risk for many pork markets is notable for 2020 as China is expected to increase import volumes from
the U.S. Buyers should act when value presents itself.
Description Market Trend Supplies Price vs. Last Year
Live Hogs Steady Ample Higher
Sow Decreasing Ample Lower
Belly (bacon) Decreasing Good Lower
Sparerib(4.25 lb & down) Increasing Good Higher
Ham (20-23 lb) Decreasing Good Higher
Ham (23-27 lb) Decreasing Good Higher
Loin (bone in) Decreasing Good Higher
Babyback Rib (1.75 lb & up) Decreasing Good Higher
Tenderloin (1.25 lb) Increasing Good Lower
Boston Butt, untrmd (4-8 lb) Increasing Good Higher
Picnic, untrmd Steady Good Higher
SS Picnic, smoker trm box Increasing Good Higher
42% Trimmings Increasing Good Higher
72% Trimmings Decreasing Good Higher
11market trends
WEek ending January 3, 2020
Poultry
Chicken production for the week ending December 14 moderated from the week prior but was 6.7% larger than year
ago. Bird weights continue to hold near record levels and are adding pounds to production, leaving RTC supplies relatively
available. Breast meat prices took a pause into the holiday week, and upside is expected to moderate with choppy trade likely
from early 2020 into the late winter. The seasonal trend for wing prices in late December is usually higher. But strong output
expansion is anticipated to temper price increases heading into the Super Bowl. The leg quarter markets could remain firm
into January if exports remain strong.
Description Market Trend Supplies Price vs. Last Year
Whole Birds WOG-Nat Steady Good Lower
Wings (jumbo cut) Increasing Good Higher
Wing Index (ARA) Increasing Good Higher
Breast, Bnless Skinless NE Increasing Good Lower
Breast, Bnless Skinless SE Decreasing Good Higher
Breast Boneless Index (ARA) Increasing Good Higher
Tenderloin Index (ARA) Decreasing Good Higher
Legs (whole) Increasing Good Higher
Leg Quarter Index (ARA) Decreasing Good Higher
Thighs, Bone In Increasing Good Higher
Thighs, Boneless Increasing Good Lower
Description Market Trend Supplies Price vs. Last Year
Whole Turkey (8-16 lb) Increasing Good Higher
Turkey Breast, Bnls/Sknls Decreasing Good Lower
Eggs
Description Market Trend Supplies Price vs. Last Year
Large Eggs (dozen) Steady Short Lower
Medium Eggs (dozen) Steady Short Lower
Liquid Whole Eggs Steady Short Higher
Liquid Egg Whites Steady Short Lower
Liquid Egg Yolks Steady Short Lower
Egg Breaker Stock Central Decreasing Short Lower
12market trends
WEek ending January 3, 2020
Seafood
The shrimp markets are mostly tracking above 2018’s depressed levels but remain historically engaging. U.S. shrimp imports
during October were just .7% better than the previous year. A large part of those imports originated in India which carried 43%
of the trade. U.S. shrimp imports from India during the month were up 15% from prior year. Solid shrimp imports are anticipat-
ed to continue which could temper any price upside.
Description Market Trend Supplies Price vs. Last Year
Shrimp (16/20 frz) Steady Good Higher
Shrimp (61/70 frz) Steady Good Lower
Shrimp Tiger (26/30 frz) Steady Good Higher
Snow Crab, frz Steady Good Higher
Tilapia Filet, frz Steady Good Lower
Cod Filet, frz Steady Good Lower
Tuna Yellowfin, frsh Steady Good Lower
Salmon Atlantic Filet, frsh Steady Good Lower
Pollock Filet, Alaska, frz Steady Good Higher
13market trends
WEek ending January 3, 2020
Paper and Plastic Products
Description Market Trend Supplies Price vs. Last Year
WOOD PULP (PAPER)
NBSK- Paper napkin Steady Good Lower
42 lb. Linerboard-corrugated box Steady Good Lower
PLASTIC RESINS (PLASTIC, FOAM)
PS-CHH-utensils, cups, to-go cont. Steady Good Lower
PP-HIGP-heavy grade utensils Steady Good Lower
PE-LLD-can liners, film, bags Steady Good Lower
Retail Price Change from Prior Month
Description Nov-19 Oct-19 Sep-19
Beef and Veal Increasing Increasing Decreasing
Dairy Increasing Increasing Increasing
Pork Decreasing Increasing Increasing
Chicken Increasing Increasing Decreasing
Fresh Fish and Seafood Decreasing Increasing Decreasing
Fresh Fruits and Vegetables Decreasing Increasing Decreasing
Various Markets
Nearby Arabica coffee futures recently hit their highest level in 27 months but have retreated as of late. Brazil’s pending cof-
fee production is expected to be smaller than last year. Arabica coffee prices may have a tough time moving notably higher
from here due to a weak Brazilian real.
Description Market Trend Supplies Price vs. Last Year
Whole Peeled, Stand (6/10) Steady Good Higher
Tomato Paste-Industrial (lb) Steady Good Higher
Coffee lb ICE Decreasing Good Higher
Sugar lb ICE Decreasing Ample Higher
Cocoa mt ICE Decreasing Short Higher
Orange Juice lb ICE Increasing Good Lower
Honey (clover) lb Steady Good Lower
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