The Dish Market Report, September 7, 2021

Commodity forecasting highlights from CommodityONE

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top of mind news

Hurricane Ida caused major issues for chicken farmers. Labor shortages are causing supply disruption. Labor Jumbo wings were flat with less availability. Boneless skinless thighs were up making for an all-time high record.

Beef

Beef is outperforming what was expected.  Rounds, Chucks, Ribs and Briskets stay strong to solid price due to high demand. Strips, tenders and thin meat slow growth.

 

Pork

Demand for Butts from retail and foodservice has increased. Ribs continue with strong demand

 

 

THE SEA

Seafood

Due to COVID-19, Vietnam is completely shut down. Shrimp farmed and pangasius supply are affected, as there is no operation.

 

 

 

THE GARDEN

Produce

Industry-large lack of labor causing major shortages in all segments of business in all executions of supply chain.

 

 

 

THE KITCHEN SINK

Dairy

Cheese and Mozzarella up while processed down. Eggs continue with increased demand

 

 

 

 

Grains

Soybean oil ended lower last week. Soybean is looking to out-perform helping advance the market. Canola oil remains the same.

 

 

 

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