Market Corner

CHICKEN MARKET

Ryan Baldwin

Poultry Procurement / Sales

Cell: 410-241-8162

Office: 410-727-6210 ext. 115

rbaldwin@statestreetpoultry.com

What’s up in the chicken market?

The upward overall movement has slowed, with tenders and thigh meat still headed north on a daily basis.  Bnls breast is weak, wogs are in solid shape, as is bone-in dark meat.

What's happening next week?

Bnls breast is showing more availability, though tenders remain tight

The best concert you ever went to?

Too many to name, but here are a few…Roger Waters, Metallica, Eric Clapton.

BEEF MARKET

Andreas Conquest

Director of Beef Procurement

Cell: 770-864-2716

aconquest@statestreetpoultry.com

What’s up in the beef market?

Over the past year and a half, the Beef Market has sustained upheavals like we have never seen before. JBS/Swift was off the market for a good part of the past week, never publishing a price list and only making product available for sale late on Thursday afternoon.  The rest of the industry, whether they published price lists with higher numbers or not, were able to attain higher prices for the product that they had available based on reduced production.

What's next week's special?

Performance continues to be strong, but there were reports from several Packers that the grading has begun to slip.  With that said there is more select and No Roll product coming availibale. 

The best concert you ever went to?

I must say it was Earth Wind and Fire. Great concert and I'm not even that old ...lol 

What’s up in the seafood market?

Demand for everything from squid, whole fish an fillets continues to be very high with supply lagging behind.  We have seen the croaker and red snapper market dry up as those items are trading at a premium.  Swai has also been a struggle to come by as importers have been depleted from the food service side. 

Thoughts for next week?

Product is becoming more available as time goes by, but labor and logistics continue to plague our business.  Pricing on certain items will continue to climb as demand finds its peak.

The best concert you ever went to?

I’ve only been to 1 concert in my life, it was a country concert with my wife.  I am looking at a few concerts this summer that were just announced. 

PORK MARKET

Andreas Conquest

Director of Beef Procurement

Cell: 770-864-2716

aconquest@statestreetpoultry.com

What’s up in the pork market?

Exports continue to be strong but with high prices in the U.S. and low prices in China that could start to shift that dynamic and lower the amount of trade to China.  We’re still seeing strong exports to Mexico and we don’t really expect much change in that market. 

Thoughts for next week?

We’d expect the slaughter levels to start to go up this week a little bit just due to the backlog that was created last week due to the holiday and due to the cyber attack so that might affect prices a little bit. But it should even back out after we get through the back log 

The best concert you ever went to?

I must say it was Earth Wind and Fire. Great concert and I'm not even that old ...lol