top of mind news
As we approach the seasonally sluggish time of the year, the poultry market was down throughout most complexes. There is more availability on all sizes of wings.
Rounds and chucks prices are increasing due to retail. Strips trend lower.
Export demand for ham is strong in preparation for holidays.
Despite the hurricane, shrimp still is in good supply. Cod quotas will be reduced.
There are constraints on value-added and processed items. The shortage on labor continues to affect the market.
THE KITCHEN SINK
The natural, mozzarella, and processed cheese markets all saw increased demand this week. As supplies tighten, butter markets are also up week over week. Shell egg demand is stable to declining in the foodservice retail sector.
Canola continues to do poorly while harvest is getting underway for corn and beans.