The Dish Market Report, November 8, 2021

Commodity forecasting highlights from CommodityONE

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Top of Mind News

Poultry

Whole birds were up with relatively stable pricing. The breast market was flat as demand has improved.

Beef

Pricing on tenders, strips and rib eyes climb as cattle are not meeting specs. Better pricing as buyers look to inventory levels.

Pork

Belly prices fell with increased supply. Pork Butts are trading sideways.

The Sea

Seafood

Domestic shrimp is in good supply. North Atlantic Lobster big tails are on allocation. Alaskan snow crab quota has been cut 88%.

The Garden

Produce

Markets remain in a volatile state. Romaine, cantaloupes, strawberries, mushrooms and garlic are very active. Markets overall remain in a volatile state.

The Kitchen Sink

Dairy

Butter is up with lower inventories. Eggs are down with fair demand. Natural and mozzarella cheese markets are down.

Grain

Palm oil markets are higher. Canola values continue to trend higher with poor production.

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