The Dish Market Report, November 1, 2021

Commodity forecasting highlights from CommodityONE

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Poultry

Poultry market is lower as we approach slower time of the year. Medium/small wings were steady as jumbo wings fell.

 

 

 

Beef

Choice and Select grades are costing more. Strips, tenders and ribs are becoming more attractive to buyers. 

 

 

 

Pork

Market is showing weakness. Loins and butts are coming down. Bellies supplies have increased. Exports should pick up. 

 

 

THE SEA

Seafood

Inflation and rising costs persist. Alaska snow crab quota has been cut 88%. Domestic shrimp is in good supply.

 

 

 

THE GARDEN

Produce

 Demand for iceberg is driving it to historic levels. All around produce markets are in a volatile state

 

 

 

THE KITCHEN SINK

Dairy

 Increased retail demand drove processed cheese markets up. Historic demands drive butter up while egg market is down due to ample supply.

 

 

 

Grain

Futures prices moved lower. Harvest is nearing its end. Canola & Palm Oil moves higher.  

 

 

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