Professional Documents
Culture Documents
Individual Reports on: Beef, Veal and Lamb Oil and Grains Dairy Pork Canned Tomato Poultry Seafood Bean, Rice, Coffee and Sugar Processed Fruits and Vegetables Produce
Live Cattle (Steer) Ground Beef 81/19 Ground Chuck 109 Export Rib (choice) 109 Export Rib (prime) 112a Ribeye (choice) 112a Ribeye (prime) 116 Chuck (choice) 120 Brisket (choice) 121c Outside Skirt (ch/sel.) 167a Knckle, Trimmed (choice) 168 Inside Round (choice) 174 Short Loin (choice 0x1) 174 Short Loin (prime 2x3) 180 1x1 Strip (choice) 180 1x1 Strip (prime) 180 0x1 Strip (choice) 184 Top Butt, boneless (choice) 184 Top Butt, boneless (prime) 185a Sirloin Flap (choice) 185c Loin, Tri-Tip (choice) 189a Tender (select, 5 lb & up) 189a Tender (choice, 5 lb &up) 189a Tender (prime, heavy) 193 Flank Steak (choice) 50% Trimmings 65% Trimmings 75% Trimmings 85% Trimmings
Market Trend Decreasing Decreasing Decreasing Increasing Decreasing Increasing Increasing Increasing Decreasing Increasing Increasing Increasing Increasing Increasing Decreasing Increasing Increasing Decreasing Decreasing Increasing Increasing Increasing Increasing Increasing Increasing Decreasing Decreasing Increasing Increasing
Supplies Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Higher Lower Higher Lower Higher Higher Higher Higher Lower Lower Higher Higher Lower Higher Lower Higher Lower Lower Higher Higher Higher Higher Higher Higher Higher Higher Higher Higher Higher
90% Trimmings 90% Imported Beef (frozen) Veal Rack (Hotel 7 rib) Veal Top Round (cap off)
Soybeans Crude Soybean Oil Soymeal Corn Crude Corn Oil Distillers Grain, Dry Crude Palm Oil Hard Red Winter Wheat Dark Northern Spring Wheat High Fructose Durum Wheat
Market Trend Increasing Increasing Increasing Increasing Decreasing Increasing Decreasing Increasing Increasing Increasing Decreasing
Supplies Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Lower Lower Lower Lower Lower Lower Higher Lower Lower Lower Lower
Dairy Report
Dairy The cheese markets have been relatively steady during the last week. Lower cheese prices are anticipated next month. The October 31st cheese inventory was 2.9% more than last year and the second largest for the date since 1984. However, cheese stocks are declining at a more rapid pace than usual this fall due good demand. The butter market has risen during the last week but, like cheese, prices are expected to track downward shortly. Last year the CME butter market fell 10% during December. October butter stocks were 19.8% larger than the previous year. Prices
per pound, except Class I Cream (hundred weight), from USDA.
Market Trend Cheese Barrels- CME Cheese 40 lb Blocks- CME American Cheese Cheddar Cheese Mozzarella Cheese Provolone Cheese Parmesan Cheese Butter- One lb Solids Nonfat Dry Milk Whey, Dry Class I Milk Base Class II Cream (Heavy Cream) Class III Milk- CME Class IV Milk- CME Increasing Increasing Decreasing Increasing Increasing Increasing Increasing Increasing Increasing Steady Increasing Steady Increasing Increasing
Supplies Good Good Good Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Higher Higher Lower Lower Lower Lower Lower Higher Higher Lower Lower Higher Lower Higher
Pork Report
Pork- Pork output last week increased .4%. Hog weights have set new record highs during the last week which
suggests that solid hog supplies will occur in the near term. Still, PEDv remains a big question for the hog supply during 2014. A clearer picture of the impact on PEDv on the 2014 hog supply is not anticipated until the December 27th USDA hog and pigs report. The pork belly markets could find a seasonal bottom relatively soon. Prices USDA,
FOB per pound.
Live Hogs Belly (bacon) Spare Rib (4.25 & down) Ham (23-27 lb) Loin (bone-in) Baby Back Rib (1.75 & up) Tenderloin (1.25 lb) Boston Butt, untrimmed 4-8 lb. Picnic, untrimmed SS Picnic, smoker trim boxed 42% Trimmings 72% Trimmings
Market Trend Decreasing Decreasing Decreasing Increasing Decreasing Increasing Decreasing Increasing Decreasing Decreasing Decreasing Decreasing
Supplies Good Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Same Higher Higher Higher Higher Higher Higher Higher Lower Lower Lower Higher
Poultry Report
Poultry- Chicken production for the week ending November 16th declined 4.4% but was
still 3% larger than the same week a year ago. According to the USDA, the broiler chick hatch during October was 1% larger than the previous year. This points to modest chicken output gains versus 2012 during December. The broiler hatchery flock is anticipated to climb to its biggest level next spring in twenty months. This should encourage solid chicken production expansion. The chicken markets remain well below year ago levels. History suggests that the boneless chicken breast markets may bottom soon. Usually the chicken breast markets are relatively flat during December before moving upward in January. The chicken wing markets are likely to find some support soon as well. Prices USDA, FOB per pound except when noted.
Whole Chicken (2.5-3 lb-GA) Chicken Wings, Whole Chicken Wings, Jumbo Cut Chicken Breast, Bone-In Chicken Breast, Bnless Sknless Chicken Tender (random) Chicken Tender (sized) Chicken Legs (whole) Chicken Leg Quarters Chicken Thighs, bone in Chicken Thighs, boneless Large Eggs Medium Eggs Whole Eggs- Liq Egg Whites- Liq Egg Yolks- Liq Whole Turkey (8-16 lb) Turkey Breast- Bnls/Sknls
Market Trend Steady Increasing Decreasing Steady Decreasing Steady Steady Increasing Increasing Increasing Increasing Increasing Increasing Increasing Decreasing Steady Increasing Increasing
Supplies Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Higher Lower Lower Higher Higher Higher Lower Lower Lower Higher Lower Higher Higher Higher Higher Lower Higher Higher
Seafood Report
Seafood- Elevated price levels are encouraging U.S. salmon imports.
In September, salmon imports were 3.8% larger than the same month a year ago. A stronger U.S. dollar and better world supplies may continue to encourage salmon exports to the U.S. this winter. Still, solid demand in the U.S. may sustain salmon prices above 2012 levels during December. Prices for fresh product, unless noted, per pound from Fisheries Market News.
Salmon, Whole (10-12 lb) Catfish, Filets Trout, Drn. (8-14 oz) Shrimp (16-20 count) Shrimp (61-70 count) Shrimp, Tiger (26-30 count) Snow Crab Legs (5-8 oz) Snow Crab Legs (8 oz up) Cod Tails, 3-7 oz. Frz. Cod Loins, 3-12 oz. Frz. Salmon Portions, 4-8 oz. Frz.
Market Trend n/a n/a n/a Decreasing Steady Steady Steady Steady Steady Steady Steady
Supplies Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year n/a n/a n/a Higher Higher Higher Higher Higher Lower Lower Higher
PS-CHH-utensils, cups, to-go cont. PP-HIGP-heavy grade utensils PE-LLD-can liners, film, bags
Steady
Steady Steady Steady Steady Steady Steady Steady
Price vs. Last Year Same Same Same Same Same Same Same Same
Produce Report
Produce- The potato markets are relatively steady. Demand for the holidays is brining support to the potato markets but history suggests that modestly lower potato prices may be forthcoming. Usually the Idaho potato markets trend downward during December. The principal lettuce harvest area has shifted to the Yuma-Imperial Valley region. Various weather challenges during the last week have interrupted the harvest but lettuce shipment volumes from the area are expected to build in the coming weeks. East coast tomato supplies are anticipated to modestly improve next month. Prices USDA FOB
shipping point unless noted (terminal).
Limes (150 count) Lemons (95 count) Lemons (200 count) Honeydew (6 ct.) Cantaloupe (15 count) Blueberries (12 count) Strawberries (12 pints) Avocados, Hass (48 count) Bananas (40 lb)-Term. Pineapple (7 ct.)- Term. Idaho Potato (60 count) Idaho Potato (70 count) Idaho Potato (70 count)-Term. Idaho Potato (90 count) Idaho Potato #2 (6 oz. min.) Processing Potato (100 lb) Yellow Onions (50 lb) Yellow Onions (50 lb)-Term. Red Onions (25 lb)-Term. White Onions (50 lb)-Term.
Market Trend Increasing Steady Steady Increasing Steady Increasing Steady Decreasing Increasing Increasing Steady Steady Decreasing Steady Decreasing Steady Increasing Increasing Increasing Increasing
Supplies Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Lower Higher Higher Higher Lower Higher Higher Higher Higher Higher Higher Higher Higher Higher Higher Lower Higher Higher Lower Higher
Tomatoes, (large- case) Tomatoes, (5x6, 25 lb.)-Term. Tomatoes, Vine Ripe, (4x5) Roma Tomatoes (large- case) Roma Tomatoes (xlarge- case) Green Peppers (large- case) Red Peppers (large- 15 lb. cs.) Iceberg Lettuce (24 count) Iceberg Lettuce (24 cnt)-Term.