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Whole birds were up this week as supply continues to tighten. Bad weather in the East and Midwest coupled with staffing issues is impacting production across the country.
Demand remains softer given the demand and sales for January and February year after year. Transportation, labor and COVID continue to heighten volatility within the market.
Hams hit their floor last week and are starting to come back up. Loins came off their lows and made some big gains. Butts remained flat.
Congestion in ports has not improved, impacting seafood pricing and availability. Inflation persists in most seafood categories.
Mushrooms are in serious trouble. The sector continues to be plagued by limited availability and excessive prices. Strawberries are still scarce and in poor supply.
THE KITCHEN SINK
The block and barrel markets are in decline for the week while the butter, cream and eggs market are up due to bad weather across the country.
Soybean oil markets moved higher over the last couple of weeks due to demand increases, higher crude oil, much higher palm oil, and a consistently high Canola market.