Market Trends with Tracy Saval Foodservice

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.
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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 in good shape. The dairy market continues higher.
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Beef production hit numbers we haven't seen in months. This is helping to soften pricing on almost everything except thin meats and grinds.
Chicken pricing is steady and demand is still strong. Only one new case of Avian Flu was reported affecting 104,000 turkeys.
Corn pricing is up and planting continues with good weather keeping things steady. Soy should stay steady to low; wheat is a great value, moving lower this week.
Bellies closed lower this week, butts are staying steady, and loins are inching up. Production numbers are strong.
The CME is moving higher on all fronts.


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The USDA has updated production numbers in beef harvesting for the year. This will be good news for everyone if the production lines get moving. For now, keep product on hand and continue to buy what you need, there may be a bargain or two out there.
Poultry production and demand continue strong, but this week pricing is pausing. Increases are coming. Avian Flu is not going away. April has been the biggest loss month since last winter and we have one more week to go.
There is not much movement in pork pricing this week, but we could see that change this summer. Pork is still a great protein option.
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Beef production continues to be restrained, but cattle are growing in physical size, thanks to cheap corn. Pricing has taken a pause this week with increases coming soon.
Chicken production and demand continue strong. Pricing is moving higher on all products except breasts, which are steady. No new cases of Avian Flu were reported in birds, but two more states have reported the illness in dairy cows.
Pork pricing continues to be favorable for now. Look for a big move higher in bellies this summer. In the meantime, pork is a great protein value.
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Avian flu has spread to dairy cows in six states. Affected milk is being destroyed, but pasteurized milk remains safe for consumption. Three new cases of Avian Flu in chickens were reported, totaling 3.8 million birds. This shouldn't significantly impact availability or pricing, but chicken prices continue to rise weekly.
Beef production is still down and demand is creeping up, putting pressure on the supply chain. Prices on skirts, sirloin flaps, and flanks will keep climbing, especially with Cinco de Mayo coming up. It might be smart to stock up for a few weeks.
Planting begins this month for corn and soybeans. Corn closed yesterday at $4.24. Soy continues to look good. Wheat continues to be well-supplied and market soft.    
Overall pork production is ahead of last year and demand is holding up pretty well.  Bellies closed yesterday at $120, so we're still waiting for that spring increase to start.
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