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Weekly Market Trends Report 3.28.13

Weekly Market Trends Report 3.28.13

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Published by BuyEfficient
Pork production is being curbed this week due to the Easter holiday which could support pork prices next week. The price tendency for pork over the next few months is usually higher.
Pork production is being curbed this week due to the Easter holiday which could support pork prices next week. The price tendency for pork over the next few months is usually higher.

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Published by: BuyEfficient on Mar 28, 2013
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03/28/2013

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WEEKLY MARKETTRENDS REPORT
March 28, 2013
 
Individual Reports on:
 
Beef, Veal and LambOil and GrainsDairy
 
Pork
 
Canned TomatoPoultry
 
Seafood
 
Bean, Rice, Coffee and Sugar Processed Fruits and Vegetables
 
Produce
 
 
Market Report provided by American Restaurant Association-www.AmericanRestaurantAssociation.com-888-423-4411
Beef, Veal and Lamb Report
Beef, Veal & Lamb
-
 
Beef output last week fell 1.6% but was .7% larger than last year.Beef output will be light this week due to the Easter holiday which may support pricesin the near term. The March 1
st
cattle on feed inventory was 7% smaller than '12 andcattle placements into feed lots in Feb were 14% less than a year ago. Beef outputthis spring is forecasted by the USDA to be down 1.7% versus '12. Still, beef demandis lackluster. Forward beef sales last week were 55% below the five-year average forthe week. If beef demand doesn't improve, it may temper this season's expected priceincreases for beef grill items.
Market Trend Supplies Price vs. Last YearLive Cattle (Steer)Decreasing Good HigherGround Beef 81/19Decreasing Good HigherGround ChuckDecreasing Good Higher109 Export Rib (choice)Decreasing Good Lower109 Export Rib (prime)Decreasing Good Lower112a Ribeye (choice)Decreasing Good Higher112a Ribeye (prime)Increasing Good Lower116 Chuck (choice)Decreasing Good Higher120 Brisket (choice)Decreasing Good Higher121c Outside Skirt (ch/sel.)Increasing Good Lower167a Knckle, Trimmed (choice)Decreasing Good Lower168 Inside Round (choice)Decreasing Good Lower174 Short Loin (choice 0x1)Increasing Good Lower174 Short Loin (prime 2x3)Increasing Good Lower180 1x1 Strip (choice)Increasing Good Higher180 1x1 Strip (prime)Decreasing Good Lower180 0x1 Strip (choice)Increasing Good Lower184 Top Butt, boneless (choice)Increasing Good Lower184 Top Butt, boneless (prime)Increasing Good Lower185a Sirloin Flap (choice)Increasing Good Higher185c Loin, Tri-Tip (choice)Decreasing Good Lower189a Tender (select, 5 lb & up)Increasing Good Lower189a Tender (choice, 5 lb &up)Increasing Good Lower189a Tender (prime, heavy)Decreasing Good Lower193 Flank Steak (choice)Decreasing Good Higher50% TrimmingsIncreasing Good Higher65% TrimmingsDecreasing Good Lower75% TrimmingsSteady Good Lower85% TrimmingsIncreasing Good Lower90% TrimmingsIncreasing Good Lower
 
Market Report provided by American Restaurant Association-www.AmericanRestaurantAssociation.com-888-423-4411
90% Imported Beef (frozen)Decreasing Good LowerVeal Rack (Hotel 7 rib)Steady Good HigherVeal Top Round (cap off)Steady Good Higher
Oil and Grains Report
Oil & Grains-
Recent storms in the Midwest have moderated the drought which is good news for the upcomingcorn and soybean crops. Still, fairly high grain prices could persist this spring.
Market Trend Supplies Price vs. Last YearSoybeansIncreasing Good HigherCrude Soybean OilIncreasing Good LowerSoymealIncreasing Good HigherCornDecreasing Good HigherCrude Corn OilDecreasing Good LowerDistillers Grain, DrySteady Good HigherCrude Palm OilSteady Good LowerHard Red Winter WheatIncreasing Good HigherDark Northern Spring WheatIncreasing Good LowerHigh Fructose Corn SyrupDecreasing Good HigherDurum WheatSteady Good Lower

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