Foodservice Operator Support Center
Our Support Center has everything Operators need to remain connected. Weekly Commodity Reports, Supply Chain Hot Takes, and Produce Alerts – ready to review!
Commodities Snapshot Report
For the week of March 17, 2024
Quickly review the latest weekly snapshot on all major commodities!
And for a deeper dive, scroll to the CommodityONE Reports below.
NOTE: The holidays may delay the following reporting.
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Grain
Wheat markets rebounded, fueled by export demand and drought concerns in U.S. hard red winter wheat regions. Corn and soybeans remain stagnant, with potential price movement hinging on upcoming export sales data.
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Beef
The cattle market saw a nearly 3% increase, with beef demand strengthening ahead of the grilling season. Boneless ribeyes jumped 9% to $11.05/lb, while ground beef 81% fell 5% to $2.65/lb. End cuts showed mixed movement, but strong fundamentals suggest beef prices will remain resilient despite trade-related volatility affecting other proteins.
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Dairy
Dairy prices rebounded after three weeks of decline, driven by increased retail promotions. Butter rose $0.04 to $2.34/lb, while cheese prices climbed, with blocks up 7% to $1.76/lb and barrels up 4% to $1.73/lb. Milk volumes remain high, with steady domestic demand and mixed international interest.
Click Show More to view Poultry, Pork and Seafood.
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Poultry
Chicken harvest increased nearly 4% w/w and 3% y/y, with boneless/skinless breasts jumping $0.14 to $2.05/lb and tenderloins rising $0.04 to $1.77/lb. Meanwhile, chicken wings continued their sharp decline, down $0.14 to $1.64/lb. The USDA's large eggshell index plummeted 12% w/w as shell egg demand weakened due to stable HPAI conditions. Retaliatory tariffs from China, Canada, and Mexico may help lower domestic chicken part prices.
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Pork
Hog futures and cash lean hogs were slightly lower, with the pork market facing uncertainty from new tariffs. The ham primal surged 10% to $91.54/cwt, while bellies dropped 6% to $144.72/cwt. The market remains volatile, and Mexico’s retaliatory tariffs on U.S. pork could lead to price instability in the coming weeks.
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Seafood
Atlantic salmon prices surged another 4.1% m/m to a record $6.44/lb, continuing a steep post-COVID price climb. The current trend suggests a peak between April and May before a potential seasonal decline into the fall.
Past Reports
Menu Makers is a weekly tip series with the hottest and
most trendy menu items.
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Past Videos
Weekly Produce Reports
Weekly reports for all regions. Current conditions, market trends, historic projections, insider alerts – and all at your fingertips!
March 20, 2025 – President Trump has now confirmed that tariffs under the USMCA (United States–Mexico–Canada Agreement), including produce, will not take effect until April 2nd. With that, we will continue to see strong production out of South Florida on several items, with good quality and …
Past Reports
Weekly Commodity Reports
Detailed Commodity Reports and video Hot Takes from ArrowStream, for those in need of more in-depth reporting.
CommodityONE Market Report
In search of more detailed insight? Look no further than ArrowStream’s multi-page weekly CommodityONE Report.
Click the thumbnail for the latest.
March 17, 2024 – February brought positive news on the inflation front, with wholesale prices remaining flat, according to the Bureau of Labor Statistics. The Producer Price Index (PPI), a key indicator of future inflation, showed no change from January, a significant deviation from the expected 0.3 percent increase. Core PPI, excluding food and energy, even saw a 0.1 percent …
CommodityONE Hot Takes
Paul Savage, Director of Commodities at ArrowStream, presents the latest CommodityONE Hot Takes.
Click the play button to watch the latest video,
or click the thumbnails below to review archived uploads.
Past CommodityONE Updates
Foodservice Operator News
Check out insights and tips produced by experts from the Buyers Edge Platform family of brands.
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The Latest Facts & Figures
Live, interactive charts from industry experts
Monthly Economic Research From Our Partner:
Why aren’t more women working in restaurants?
A shift to flexible schedules in the late 2010s allowed more women to work in restaurants, raising their share of employment in the industry. But since 2021, this share has dropped once again.
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Then click the headings at the top to show or hide the different groups and categories.
Consumer Price Index
Track the 12-month percentage changes of various goods and services.
Price Data
Track the price changes of key indicators including meat, produce and dairy.
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