Market Trends with Tracy Saval Foodservice

Beef pricing is being driven higher by short supply. Expect pricing to continue to move higher. Buy what you need now, waiting will cost you money. Hopefully, we'll see the increases stop after the Fourth of July.Poultry production can't keep up with demand. Pricing is moving higher on pretty much everything, except breasts being down a few pennies. Wings are the highest they've been in two years and demand will continue to push that price higher. Keep ahead of your needs in poultry.Pork prod...

Avian Flu just won't go away. This week, 4.2 million egg-laying chickens were lost to the virus. The Netherlands is testing two vaccines, so we'll see how that goes. This won't cause any shortages in chicken but will increase pricing. With demand remaining strong, this market should continue to move higher.Beef production was up this week, but the market is still short and pricing is increasing. Waiting to buy will cost you money.Bellies closed down from last week, but pork production is star...

Beef production cutbacks were a bit stronger than I expected with 598K head harvested last week, well down from 622K the week prior. Last year saw 640K head harvested so production going into the summer season is being restrained to push prices higher. And they are pretty successful looking at the cutout. We have higher prices right rolling in as tightened supplies have done their job and will continue for at least the next several weeks. This is a time when you need to buy what y...

Beef production cutbacks are off to a slow start. The market is steady to lower. Look for some deals if you have the customer demand to move product.Poultry demand is strong and production can barely keep up. Pricing is up on all parts and there is more upside to come.Planting is on track for grains and everything seems to be in good shape.Pork bellies are up this week but still in a good buy position. Pork production is strong and inventories are good.The CME is higher again for the 7t...

Beef pricing seems to remain the same despite the recent ramped-up production. The market feels flat with demand and pricing is flat to lower. We're heading into Memorial Day with no momentum in the beef market.Chicken demand is still strong and production is up from last year. Pricing is up overall. This could be an expensive summer for chicken.There is plenty of pork product and demand is okay. This is keeping prices pretty steady.The CME does not seem to be slowing down on price increases....

Beef production was slightly down this week but still in good production numbers. Hopefully, with nice weather, we will see demand pick up. It's a good time to buy and feature beef now before pricing moves higher this summer.Chicken pricing is steady and demand is strong. There were three new cases of Avian Flu affecting 28,000 birds.Pork bellies are down this week, but pricing has been jumping around. Pork continues with strong production and availability is good.The grain markets continue i...