59 episodes

In food service, making smart menu decisions can be the difference between open, and closed. Follow along each week as we try to make sense of the many links in our food service supply chain, and how that effects the food you serve. Saval Foodservice's own veteran purchaser, Tracy Anderson, takes you through the major market updates. Saval Foodservice is a broadline food service distributor located in Elkridge, Maryland and has been a family owned & operated business since 1932. We serve the area's independent restaurants, caterers, delis, hotels and other eateries. Our products range from fresh produce, seafood, custom-cut meat, groceries, beverages, our own line of Saval Deli delicatessan products & cleaning supplies. We created this podcast in 2020 to keep our customers informed of the suddenly volatile market.Market Trends with Tracy is written & recorded by Tracy Anderson. Produced & Edited by Deanna Segreti. For questions or inquiries about the show, email sfssocialmedia@savalfoods.com | Follow us on Instagram @savalfoods or on TikTok @savalfoodservice

Market Trends with Tracy Saval Foodservice

    • News
    • 5.0 • 3 Ratings

In food service, making smart menu decisions can be the difference between open, and closed. Follow along each week as we try to make sense of the many links in our food service supply chain, and how that effects the food you serve. Saval Foodservice's own veteran purchaser, Tracy Anderson, takes you through the major market updates. Saval Foodservice is a broadline food service distributor located in Elkridge, Maryland and has been a family owned & operated business since 1932. We serve the area's independent restaurants, caterers, delis, hotels and other eateries. Our products range from fresh produce, seafood, custom-cut meat, groceries, beverages, our own line of Saval Deli delicatessan products & cleaning supplies. We created this podcast in 2020 to keep our customers informed of the suddenly volatile market.Market Trends with Tracy is written & recorded by Tracy Anderson. Produced & Edited by Deanna Segreti. For questions or inquiries about the show, email sfssocialmedia@savalfoods.com | Follow us on Instagram @savalfoods or on TikTok @savalfoodservice

    What Will Even Out First? Chicken Prices or Egg Prices?

    What Will Even Out First? Chicken Prices or Egg Prices?

    The focus is on turkey for next week.  There are turkeys to sell, but the price is pretty stiff.  Avian Flu has hit turkey hard this year and unlike to previous outbreak in 2015 this one is not over yet.  The avian flu numbers for the week, are relatively modest with 9 new reports affecting 50K birds.  Total birds affected so far this year, 50.3 million.  While turkeys were hit very hard, chicken down the southern seaboard were relatively virus free and there is way too much chicken on the market right now.  For the second week in a row eggs sets are below last year so numbers will ease in the coming weeks.  Right now chicken is “cheap” and plentiful and I don’t see that changing at least the next couple weeks.  
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    • 4 min
    50.3 Million Birds

    50.3 Million Birds

    This beef market is moving up pretty aggressively and with production holding up pretty strong with 668K head harvested last week, down only 5K from the week before it seems to me a bit early.  Next week everyone is talking turkey.  Grading is not great, with premium products at premium prices and short on the market.  Select grade and commodity choice product are showing much more available.  I think we are in a few more weeks of increasing markets so if you need product, buying sooner is better than waiting.  The chuck complex and grinds are leading the way up in this market. 

    https://www.ams.usda.gov/market-news/daily-pork-reports
    https://usda.library.cornell.edu/concern/publications/gm80hv35d?locale=en#release-items
     https://www.urnerbarry.com/
     https://www.uniprofoodservice.com/
     https://www.cdc.gov/flu/avianflu/data-map-commercial.html
     https://www.barchart.com/
    https://www.agriculture.com/markets/analysis/crop-progress-report-11722
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    • 3 min
    Chicken Holds Course While Beef Heats Up

    Chicken Holds Course While Beef Heats Up

    Beef production was 673K head for last week up 13K head over the 660K head from the week prior.  Liquidating continues in some breeding stock which will be affecting production over the next couple years as the herd size is reduced. With expensive feed and drought moving animals to harvest instead of continuing to feed them is often the decision.  Even with heavy production this market is moving higher.  Chuck Rolls are oversold and demanding strong premiums.  The rest of the chuck complex is moving higher as well.  Rounds seem to be pretty well balanced and with ground beef are holding steady and at reasonable price levels.  Tenderloins and ribeyes are already getting into holiday pricing levels though I’m hearing we won’t see too much more upside to these cuts but no bargains to be had either.  Strips are still the value in middle meats but they are moving a bit higher as well.  This is the time of year where buying sooner is better than waiting, you will pay more money later.  We should have this market on a steady increase right into early December. 

    Episode Sources
    http://www.cheesereporter.com/pricesbutter.htm
    https://www.ams.usda.gov/market-news/daily-pork-reports
    https://usda.library.cornell.edu/concern/publications/gm80hv35d?locale=en#release-items
    https://www.urnerbarry.com/
    https://www.uniprofoodservice.com/
    https://www.barchart.com/
    https://www.cdc.gov/flu/avianflu/data-map-commercial.html
    https://www.agfax.com/2022/10/24/mississippi-river-barge-traffic-continued-to-struggle-as-active-and-intensive-discussions-occur-on-black-sea-export-deal/
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    • 4 min
    This Is What You Call A Collapse | Chicken Prices Plummet

    This Is What You Call A Collapse | Chicken Prices Plummet

    The Chicken market is what I’d almost call a collapse.  Production is continuing strong, demand is not. Egg placements continue to inch up each week.  The hatch rate is inching up too putting more chickens on the market.  Wings, breast, tenders are all down again for next week.  Take advantage of these low prices but this is not a healthy level for the producers.  Now the weekly bird flu numbers.  18 new reports since last week.  Total birds removed from the food chain 168K, mostly turkeys.   total so far for the year, 47.7 million head.  Turkey shortages will be with us well into 2023.
     
    Episode Sources:
    https://www.ams.usda.gov/market-news/daily-pork-reports
    https://www.barchart.com/
    https://usda.library.cornell.edu/concern/publications/gm80hv35d
    https://www.cdc.gov/flu/avianflu/data-map-commercial.html
    https://www.urnerbarry.com/
    https://www.uniprofoodservice.com/
    http://www.cheesereporter.com/prices.htm


    Saval Foodservice is proudly celebrating 90 years in business in 2022.
    Shop our exclusive line of delicatessen products, Saval Deli- still made in Baltimore, Maryland, since 1932. 
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    • 3 min
    Chicken Prices Fall Further

    Chicken Prices Fall Further

    Beef production was 664,000  head for last week, same as the week prior.  Chucks and rounds have found some support with pricing more up a bit.  Roast weather is coming soon and retail feature will be pulling on these items.  

    Chicken is declining again. I thought we might be close to the bottom but apparently we have a bit farther to go. Wings are down, breast and tenders down as well. We are getting to the unhealthy lows where the packers lose money on every bird that is not an incentive to keep producing.  I’ve seen lower markets thank this, but not with $7 corn. 
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    • 3 min
    Great Time to Feature Beef, Chicken and Pork

    Great Time to Feature Beef, Chicken and Pork

    Beef prices continue to move lower, but probably not for too much longer. Other than tenderloins, it's a great time to feature beef. Looking at poultry, chicken wings are still a great value, while breasts and tenders continue to go lower. As with beef, it's a great time to feature chicken. Avian flu continues to spread, totaling 421,000 birds removed since last week. This brings the total number of birds removed from the food supply to 47.1 million. Most new cases are turkeys, making this holiday season pretty tight with supply. For grains, corn is down from last week, soy oil is down, and wheat is holding steady. Pork continues to be a good value, with pricing very similar to last week. Also a great menu feature. For dairy, barrel is up three, block is up two, and butter is up seven, a new record high.
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    • 3 min

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