Top of Mind News
- The Delicate Art of Menu Pricing
- More Restaurants Face Trouble Paying Rent
- Elevate Indoor Dining to Boost On-Premise Sales
- Hospitality Hiring Rises, But So Does Turnover
- How Full-Service Restaurants Can Win with Burgers
Poultry
Tender availability is tight. There is a big demand for breasts but tight supplies due to labor constraints. Wings are lower but readily available.
Beef
Demand from consumers has been underwhelming. Packers have enticed buyers with lower prices. Ribs, strips and tenders should soften after the Mothers Day weekend.
Pork
Ham exports are up showing large gains. Packers are moving to St. Louis ribs as spareribs are in short supply. Butts shifted down but demand is expected to climb as the market moves up. Belly market fell sharply.
The Sea
Seafood
The domestic shrimp season is over. Asia is experiencing supply chain concerns leading to extended lead time. Scallop season has begun and the landings are increasing.
The Garden
Produce
Avocadoes are expected to stay at or above current market pricing. Hot peppers are transitioning from winter production to summer production. There is more volume on limes. Tomato and squash markets are stable.
The Kitchen Sink
Dairy
Eggs are up because of the Avian Flu. Butter is down as demand falls for the week.
Grain
Canola is moving higher as Canada does not plant as much crop. Indonesia increased their export mandates causing soybean oil market to trade higher.