MARKET REPORTS 03-15 Food and Beverage Market Reports - S. Sherman Associates

2020 Production of Most Animal Proteins Forecast To Increase

Production for most animal proteins is expected to increase in 2020, compared to production levels of 2019. Among the factors driving higher production are producer responses to forecasts of continued- positive U.S. economic conditions, including improved producer returns. Beef production is expected to increase next year by almost 1 percent. The anticipated U.S. pork production increase of about...

Activists urge U.S. customs to ban palm oil imports from Malaysia's FGV

A group of non-governmental organizations is calling on U.S. authorities to ban imports of palm oil from Malaysia’s FGV Holdings and investigate the company, citing concerns of forced labor and human trafficking on its plantations.

Volume back to normal for Florida avocados

Volume of Florida’s green-skin avocados is back to normal this year, following tight supplies last season spurred by Hurricane Irma. Florida growers are expected to produce about 800,000 bushels of avocados between June and April. Last year’s crop was reduced by about 40% as a result of the hurricane.

Mushroom Growers Facing Rising Costs

U.S. mushroom growers are facing rising costs due to climate volatility, continued labor issues, changes in consumer preferences, transportation expenses, and more, just as the industry is preparing for its busy fall holiday season when mushroom demand increases 30%-40%, according to the American Mushroom Institute.

Good News for Chocolate Lovers as Rains Boost Africa Cocoa Crops

Ivory Coast and Ghana farmers are upbeat about the next cocoa harvest after recent heavy rains helped support crop development. Ivory Coast cocoa plantations look good, with lots of pods on the trees, while the Ghana Cocoa Board is targeting a harvest of 950,000 tons for the upcoming season

Fish buyer in PEI opens plant to promote Canada’s sustainable tuna fishery

TOneTuna opened Canada's first federally licensed plant to process bluefin tuna for the world sushi market. Before the certification, the company was limited to selling whole fish to Japan, the U.S. and Canada

Lobstermen at state hearing wary of regulations to protect whales

In private conversations, local fishermen all tell David Horner, a longtime Southwest Harbor lobsterman, the same thing: they’d be willing to fish fewer traps to get the whale advocates off their backs, but not if their sacrifices are going to be exploited by other fishermen....

Atlantic Highly Migratory Species; Atlantic Bluefin Tuna Fisheries
NMFS closes the General category fishery for large medium and giant (i.e., measuring 73 inches curved fork length or greater) Atlantic bluefin tuna (BFT) for the June through August subquota time period until the General category reopens on September 1, 2019. The intent of this closure is to prevent overharvest of the June through August subquota.

Processors post $1.35 as base price for sockeye
The following processors have posted a 2019 base price of $1.35 per pound for sockeye: Silver Bay, Icicle, Leader Creek, Alaska General Seafoods, Red Salmon (a subsidiary of North Pacific Seafoods), Peter Pan and Ocean Beauty.

Mexican avocado growers expect US consumers to bear tariffs
The potential Trump tariffs would hit U.S. avocado lovers more than Mexican producers, Bautista said. Demand north of the border for Mexican avocados has proven very static: even when prices expand four-fold during the year, the fruit is still scooped up by U.S. devotees of avocado toast and guacamole...

Ban lifted on shellfish harvesting along coastline, harbor

New Hampshire’s Department of Environmental Services has lifted a ban on most shellfish harvesting along the state’s ocean coastline and Hampton-Seabrook Harbor after a drop in toxic algae bloom known as red tide. The harvest closure went into effect on May 9 in response to elevated levels of paralytic shellfish poisoning detected in blue mussels.

Tariffs drive down U.S. lobster exports to China by 46%

U.S. live lobster sales to China fell 47% to $93.8 million in the 12 months since a 25% tariff was imposed. Total international sales decreased 5% to $588.2 million during the time frame

A Weekly Market Update...
Volume No. 24 Issue No. 32
Date: August 8, 2019

Market Trends Report

U.S. National Weekly Pricing Report
National Weekly Pricing Report - Prepared for the School Nutrition Association...

Dairy Market News
Date: National Dairy Market at a Glance - August 9, 2019

Organic Specialty Crops - National Summary
Date: August 15, 2019

Organic Produce
Date: Retail Organic Produce Comparison - August 5, 2019

Fruit & Veg Prices at Point of Shipping - National FOB Review
Date: August 9, 2019

Fresh Fruit & Vegetable - National Shipping Point Trends
Prices represent open (spot) market sales by first handlers on product. - Date: August 6, 2019

USDA National Shell Egg Market News Report
Date: August 12, 2019

USDA Processed Egg Market News Report
F.O.B. Shipper Dock Basis & Wholesale prices; Date: August 9, 2019

Broiler Market News Report
Date: August 9, 2019

Flour Facts
Information Provided by General Mills Bakery Flour

NOAA Fish News
The Nations Database on Sustainable Seafood - Provided by NOAA Fisheries

The Weekly Blue - The Weekly National Carlot Meat Report
Provided by the USDA

Weekly Boxed Beef Cuts - Prime Beef Programs
Prime Graded Beef Reporting - Provided by the USDA

Weekly Boxed Beef Cuts - Branded Beef Programs
Upper 2/3rd Choice Graded and Lower 1/3rd Choice Graded Beef Reporting - Provided by the USDA

The "Daily" Livestock Report
August 15, 2019 ~ Sponsored by the Chicago Mercantile Exchange

National Retail Report - Beef
Advertised Prices for Beef at Major Retail Supermarket Outlets

YOY (Year Over Year)
Market Tables outlining current 2019 market prices versus 2018
August 15, 2019

Informative Sources

In our work it's important that we keep up to date with the most current data and these are but a few that we use...

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