Académique Documents
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Individual Reports on: Beef, Veal and Lamb Oil and Grains Dairy Pork Canned Tomato Poultry Seafood Bean, Rice, Coffee and Sugar Processed Fruits and Vegetables Produce
Live Cattle (Steer) Ground Beef 81/19 Ground Chuck 109 Export Rib (choice) 109 Export Rib (prime) 112a Ribeye (choice) 112a Ribeye (prime) 116 Chuck (choice) 120 Brisket (choice) 121c Outside Skirt (ch/sel.) 167a Knckle, Trimmed (choice) 168 Inside Round (choice) 174 Short Loin (choice 0x1) 174 Short Loin (prime 2x3) 180 1x1 Strip (choice) 180 1x1 Strip (prime) 180 0x1 Strip (choice) 184 Top Butt, boneless (choice) 184 Top Butt, boneless (prime) 185a Sirloin Flap (choice) 185c Loin, Tri-Tip (choice) 189a Tender (select, 5 lb & up) 189a Tender (choice, 5 lb &up) 189a Tender (prime, heavy) 193 Flank Steak (choice) 50% Trimmings 65% Trimmings 75% Trimmings 85% Trimmings 90% Trimmings
Market Trend Decreasing Increasing Decreasing Increasing Increasing Increasing Decreasing Decreasing Increasing Decreasing Decreasing Decreasing Increasing Decreasing Steady Steady Decreasing Decreasing Decreasing Decreasing Decreasing Decreasing Increasing Increasing Decreasing Increasing Increasing Decreasing Increasing Increasing
Supplies Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Lower Higher Higher Higher Lower Higher Lower Same Higher Higher Lower Lower Higher Lower Higher Lower Higher Higher Higher Higher Lower Higher Higher Higher Lower Lower Lower Lower Higher Higher
90% Imported Beef (frozen) Veal Rack (Hotel 7 rib) Veal Top Round (cap off)
Soybeans Crude Soybean Oil Soymeal Corn Crude Corn Oil Distillers Grain, Dry Crude Palm Oil Hard Red Winter Wheat Dark Northern Spring Wheat High Fructose Corn Syrup Durum Wheat
Market Trend Decreasing Decreasing Decreasing Decreasing Decreasing Decreasing Increasing Decreasing Decreasing Decreasing Decreasing
Supplies Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Same Lower Higher Higher Lower Higher Lower Higher Lower Higher Lower
Dairy Report
Dairy- The CME cheese markets have likely established a seasonal top. Curbed retail demand in response to inflated
prices is pressuring the wholesale cheese markets lower. September cheese exports were up 17% versus a year ago but the smallest since October. CME cheese prices could find near term support but the historical trend is downward during December. The CME butter market is currently priced above the CME block market despite a better inventory scenario. This factor could lead to lower butter prices soon. September butter exports were 31% less than last year.
Market Trend Cheese Barrels- CME Cheese 40 lb Blocks- CME American Cheese Cheddar Cheese Mozzarella Cheese Provolone Cheese Parmesan Cheese Butter- One lb Solids Nonfat Dry Milk Whey, Dry Class I Milk Base Class II Cream (Heavy Cream) Class III Milk- CME Class IV Milk- CME Decreasing Decreasing Decreasing Decreasing Decreasing Decreasing Decreasing Increasing Increasing Increasing Steady Increasing Decreasing Steady
Supplies Good Good Good Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Lower Lower Lower Higher Higher Higher Higher Higher Higher Higher Higher Higher Higher Higher
Pork Report
Pork- Pork production last week rose .3% and was 2.6% larger than the last year. Hog supplies are abundant and
slaughter rates normally escalate into December. This is supportive of pending pork output and should keep pork prices at bay in the coming weeks. U.S. pork exports were .7% greater than last year and the largest since May. Exports are likely to remain solid next year as inflated feed prices worldwide mitigate overall pork production. The ham market usually trends 3.2% lower from now through next week.
Live Hogs Belly (bacon) Spare Rib (4.25 & down) Ham (23-27 lb) Loin (bone-in) Baby Back Rib (1.75 & up) Tenderloin (1.25 lb) Boston Butt, untrimmed 4-8 lb. Picnic, untrimmed SS Picnic, smoker trim boxed 42% Trimmings 72% Trimmings
Market Trend Decreasing Increasing Decreasing Steady Decreasing Decreasing Increasing Increasing Increasing Increasing Decreasing Decreasing
Supplies Good Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Lower Higher Lower Lower Lower Lower Lower Lower Lower Lower Lower Lower
Whole Peeled Standard Diced, Fancy Ketchup, 33% Tomato Paste- Ind.
Poultry Report
Poultry- September U.S. chicken exports were 3.3% more than last year. Mexico, the U.S.
largest chicken customer, witnessed their September chicken imports from the U.S. rise by 21% versus '11. Solid chicken exports are likely to persist due to inflated feed prices worldwide which would be supportive of the U.S. chicken leg quarter markets. Broiler-type egg sets have shown signs of slowing recently versus last year. If chicken output wanes moving forward, it could support chicken prices this winter. History suggests that the downside price risk for the chicken breast markets from current levels is nominal. Since '07, the average move for the jumbo cut chicken wing market from Thanksgiving week into early February is 9.6% higher.
Whole Chicken (2.5-3 lb-GA) Whole Chicken (LA) Chicken Wings, Whole Chicken Wings, Jumbo Cut Chicken Breast, Bone-In Chicken Breast, Bnless Sknless Chicken Tender (random) Chicken Tender (sized) Chicken Legs (whole) Chicken Leg Quarters
Market Trend Increasing Steady Increasing Increasing Decreasing Decreasing Steady Steady Decreasing Steady
Supplies Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Higher Higher Higher Higher Higher Higher Higher Higher Higher Same
Chicken Thighs, bone in Chicken Thighs, boneless Large Eggs Medium Eggs Whole Eggs- Liq Egg Whites- Liq Egg Yolks- Liq Whole Turkey (8-16 lb) Turkey Breast- Bnls/Sknls
Seafood Report
Seafood- September total U.S. shrimp imports were down 21% versus last year while
shell-on shrimp imports were 13% lower. A weakening U.S. dollar valuation during September was a catalyst for the waning shrimp imports. The U.S. dollar has appreciated in value since then which in the past has been supportive of U.S. shrimp imports. Still, going forward the U.S. dollar valuation will be key for pending shrimp prices.
Salmon, Whole (10-12 lb) Catfish, Filets Trout, Drn. (8-14 oz) Shrimp (16-20 count) Shrimp (61-70 count) Shrimp, Tiger (26-30 count) Snow Crab Legs (5-8 oz) Snow Crab Legs (8 oz up) Cod Tails, 3-7 oz. Frz. Cod Loins, 3-12 oz. Frz. Salmon Portions, 4-8 oz. Frz.
Market Trend Steady Steady Steady Increasing Increasing Steady Steady Steady Steady Steady Steady
Supplies Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Higher Lower Higher Lower Higher Lower Lower Lower Higher Lower Lower
PS-CHH-utensils, cups, to-go cont. PP-HIGP-heavy grade utensils PE-LLD-can liners, film, bags
Steady
Canned 6/10 Corn, Fancy Whole Kernel Green Beans, Fancy 4 sv Green Peas, Fancy 4 sv/blend Frozen Corn, Cob 96 count Corn, Kernel 12/2.5 lb. Green Beans, Cut 12/2 lb. Green Peas, 12/2.5 lb. Potatoes, FF Fancy, 6/5 lb.
Market Trend
Steady
Steady Steady Steady Steady Steady Steady Steady
Price vs. Last Year Higher Higher Higher Higher Higher Higher Higher Higher
Produce Report
Produce- The main lettuce harvest area is beginning to transition to the Yuma-Imperial
Valley region. Quality issues have limited some iceberg lettuce supplies and have supported prices over the past week. The iceberg lettuce market typically peaks in
late November. The CA tomato harvest is seasonally fading. The Florida tomato harvest is progressing with good quality. Florida tomato shipments last week were 34% above a year ago. The mature green tomato market frequently tops next week. The Hass avocado market usually trends 3% lower during the next three weeks.
Limes (150 count) Lemons (95 count) Lemons (200 count) Honeydew (6 ct.) Cantaloupe (15 count) Blueberries (12 count) Strawberries (12 pints) Avocados, Hass (48 count) Bananas (40 lb)-Term. Pineapple (7 ct.)- Term. Idaho Potato (60 count) Idaho Potato (70 count) Idaho Potato (70 count)-Term. Idaho Potato (90 count) Idaho Potato #2 (6 oz. min.) Processing Potato (100 lb) Yellow Onions (50 lb) Yellow Onions (50 lb)-Term. Red Onions (25 lb)-Term. White Onions (50 lb)-Term. Tomatoes, (large- case) Tomatoes, (5x6, 25 lb.)-Term. Tomatoes, Vine Ripe, (4x5) Roma Tomatoes (large- case) Roma Tomatoes (xlarge- case) Green Peppers (large- case) Red Peppers (large- 15 lb. cs.) Iceberg Lettuce (24 count) Iceberg Lettuce (24 cnt)-Term.
Market Trend Increasing Decreasing Steady Steady Decreasing Decreasing Increasing Decreasing Steady Decreasing Decreasing Steady Decreasing Increasing Decreasing Steady Decreasing Increasing Increasing Increasing Increasing Decreasing Decreasing Decreasing Increasing Increasing Increasing Increasing Increasing
Supplies Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good Good
Price vs. Last Year Higher Lower Lower Lower Higher Lower Same Lower Lower Lower Lower Lower Lower Lower Lower Same Lower Higher Higher Higher Lower Higher Lower Lower Higher Higher Higher Lower Lower
Leaf Lettuce (24 count) Romaine Lettuce (24 count) Mesculin Mix (3 lb)-Term. Broccoli (14 cnt.) Squash (case) Zucchini (case) Green Beans (bushel) Spinach, Flat 24s Mushrooms (large), Term. Cucumbers, Bushel Pickles (200-300 ct.)-Term. Asparagus (small) Freight (CA to City Avg.)
Increasing Increasing Increasing Increasing Increasing Increasing Increasing Increasing Steady Increasing Decreasing Increasing Increasing
Good Good Good Good Good Good Good Good Good Good Good Good Good
Lower Lower Lower Lower Higher Higher Higher Lower Higher Lower Higher Higher Lower