This report represents information for the week ending September 13, 2019.

Market is steady to weaker. Total beef production for last week was down 12% versus prior week due to the shortened holiday week. Production was also down 2% compared to same time last year. Total headcount for last week was 565,000 as compared to 571,000 for the same week last year. Live weights for last week were up 5 lbs. from prior week but down 17 lbs. from same time last year. Demand has eased now that the holiday has passed, and this has taken pressure off a market that had been seeing strong pressure due to the production issues before the holiday. Plants have been working additional hours in helping to make up for the lost production that was seen during the end of August. There have been shortages over the past several days on some items as the plants have been trying to streamline efficiencies and it has not been uncommon for items such as small boxed to be shorted or allocated. Overall demand is typically seasonally lighter as we move thru the next few weeks before seeing increased buying activity for holiday activities.

Grinds- Market is steady to weaker. Demand has eased as we moved past the holiday which is helping take pressure off the market.

Loins- Market is steady to weaker. Lighter demand is putting downward pressure on the market.

Rounds- Market is mostly steady.

Chucks- Market is steady to weaker. Buying interest has been lighter as we moved into this week. Retail activity typically starts to pick up as we move into October and cooler temps set in across much of the country.

Ribs- Market is weaker. Lighter buying interest is putting pressure on the market.

Market is unsettled. Total pork production for last week was down 10.4% compared to prior week and down 1.2% versus same time last year. Total headcount for last week was 2,204,000 versus 2,221,000 for same time last year. Live weights for last week were up 1 lb. from prior week but down 1 lb. from same time last year. The recent large drop in prices on several cuts has helped to spur buying interest and this week has seen higher pricing after the sharp drops over the past several weeks. Swine Fever continues to be a large point of interest in the market with additional cases being reported over the past few weeks. October is National Pork Month and advertising is expected to pick up over the coming weeks.

Bellies- Market is steady to firmer. The recent drop in prices helped to spur buying interest and has helped to move the market higher coming into this week.

Hams- Market is steady to firmer. Improved demand is helping to push prices higher. Demand for the holidays is just around the corner and it is not uncommon for the market to push higher as we move into October.

Loins- Market is steady to firmer. Buying interest has been improved on putting pressure on the market.

Butts- Market is mostly steady.

Ribs- Market is weaker. Light demand has helped to push the market lower.

Market is steady to weaker. Total headcount for last week was 148,929,000 as compared to 149,116,000 for the same time last year. Average weights for last week were 6.29 lbs. as compared to 6.22 lbs. for the same week last year. Domestic demand for boneless breast meat has been on the decline for the last few weeks. Wings and tenders are rated as steady. The demand for leg quarters and whole legs is being reported as weak due to subpar export sales for this time of year. Supply is available to cover current industry needs.

WOGS- Market is firmer. After two months of weak and declining demand, the need for WOG’s has finally stabilized and seen a slight uptick over the last week. Supply is available.

Tenders- Market is steady. Demand from the foodservice channel remains active for jumbo and select tenders. Supply is available, but not excessive.

Boneless Breast- Market is weaker. The call for jumbo sized boneless has been trending downward for the past three weeks. Combined with oversupply and full plant production, the market for jumbo boneless is being pressured. Retail demand for medium sized boneless breast is also experiencing a downward trend. Select sized breast meat is limited in supply and is in high demand. Over supply continues to weigh this category down on the jumbo and medium sizes.

Leg Quarters and Thighs- Market is weaker. Export demand continues to underperform industry expectations. Over supply of leg quarters and bone in parts is becoming a topic of concern. Demand for leg meat and boneless thigh meat remains steady. Market is being pressured on bone in leg quarters, drums, and thighs. Oversupply is becoming an issue.

Wings- Market is steady. With football season in full swing, jumbo and medium wings are being well supported by the foodservice channel. Small wings are sought after by the further processors of the industry. Supply is limited.

Market is steady to firmer. Total headcount for last week was 3,449,000 as compared to 3,319,000 for the same week last year. Average weights for last week were 31.07 lbs. as compared to 30.23 lbs. for the same week last year. Egg sets for last week were down 5.47% from prior week and are trending down 2.27% for year to date versus same time last year. Seasonal demand for whole birds is keeping this category in a sold-up position. Demand for boneless breast meat continues to be active enough to meet expected seasonal needs. Supply is available.

Whole Birds- Market is firmer. September and October are key shipping months for holiday orders. Spot loads are reported to be limited. Supply is available, but extremely tight.

Breast Meat- Market is steady. The demand from retail deli and foodservice operations continues to be active and meet the expected seasonal trends of the industry. Supply is available.

Wings- Market is steady. Domestic and export demand for two joints and whole wings remains active enough to keep the market supported. Supply is available.

Drums- Market is steady. The demand for bone in drums and thighs is consistent enough to keep industry supply moving. Boneless thigh meat continues to be supported by domestic and export channels. Supply is available.

Gulf Shrimp- Market is unsettled. Inventories are light for current demand and availability is varied between suppliers. Production has been below expectations for much of this season due in part to the heavier rains across the midsection of the country that pushed additional fresh water into the shrimping areas along the gulf.

Black Tiger Shrimp- Market is steady to firm. Larger sized product remains in tight supply and seeing upward pressure on the market. The remainder of the market is holding steady.

White Shrimp- Market is steady to weaker. Inventories are good for a seasonally light demand.

King Crab- Market is firm. Inventories are light for a strong global demand.

Snow Crab- Market is steady to firmer. Inventories are light for a demand that has become more active.

Warm Water Lobster Tails- Market is firm. Inventories are limited. Hurricane Dorian has put additional uncertainty on the market for product coming from the Bahamas as the full extent of damage is not fully known yet. Inventories were already light and putting pressure on the market. The market for product from Brazil continues to see pressure due to light inventories and a strong demand.

North American Lobster Tails- Market is firm. Light inventories and a strong demand is keeping pressure on the market.

Salmon- Market is mixed. The market for farmed salmon is steady to weaker with good inventories for a fair demand. The market for wild salmon is steady to firmer is improved demand putting pressure on available inventories.

Cod- Market is firm. Inventories are light for a strong global demand.

Flounder- Market is unsettled. The current market is mostly steady but potential additional tariffs from China have the market in a more unsettled tone.

Haddock- Market is firm. Strong demand is keeping pressure on inventories.

Pollock- Market is steady to firmer. Inventories on mid and larger sized product is in light supply and this combined with additional pressure from tariffs is keeping pressure on the market.

Domestic Catfish- Market is unsettled. Inventories are limited for current demand. Light production for much of this season has been keeping pressure on available inventories. Inventories vary between suppliers but overall are in light supply.

Tilapia- Market is steady.

Swai- Market is weaker. Inventories are good for current demand. The market has inched lower over the past few weeks with pricing on all sizes now more closely matched as smaller sized fillets are now in better supply.

Scallops- Market is steady.

Market is firmer. The CME Block and Barrel markets moved higher this week. With the return of the school year and the start of football season, producers are seeing higher demand. Production and demand are strong Nationally. Northeastern producers report adequate milk availability despite heavy volumes moving to bottlers. Production of cheddar is strong. In the Midwest producers report steady demand and production. Western producers report stable export demand despite higher U.S. prices as compared to global markets. Plants are running at capacity in the region. Hurricane Dorian’s impact in the Southeast led to many production cuts as well as halted milk supply moving in from other regions.

Market is unsettled. The CME butter market moved both higher and lower this week. Production of print and bulk butter is in line with seasonal expectations. Producers are already building inventories ahead of the fall & winter season demands. In the Northeast production schedules are mixed in the region. Producers are anticipating increased interest as baking season approaches. The Central region’s cream supply is more accessible than in recent weeks. Stronger sales are reported. In the West butter makers report varying cream supply. Higher cream volumes are expected in the coming weeks as ice cream production tapers down. Inventories are stable.

Market is steady to weaker. Retail demand continues to be reported as good and meeting typical seasonal trends. With the recent market increases last month, less retail feature activity is being reported in September. Foodservice and institutional demand is being reported as consistent for this time of year. Supply for most sizes is being reported as available. Market is moving lower. National weekly shell egg inventory reports shell egg  inventory to be up 2.8% over last week.

Market is unsettled. New US soy crop went into the ground late due to the weather and has been playing catch up all season. Yields are estimated to be lower than previous years.

Market is slightly firmer. News of Washington delaying further tariffs until after the Chinese 70th People’s Republic anniversary may allow for some trade soon. Reports from China suggest the government could let some companies start buying wheat from the US again. The weather is cooperating in the wheat growing regions but there is still a lot of surplus to keep pressure on this market.