SYSCO CONNECTICUT PHASE OUT OLD#
PK/SZ
BRAND
DESCRIPTION
4125886
1/6 LB
NABISCO
NEW#
PK/SZ
BRAND
5082789
300/2 PK
NABISCO
CRACKER SALTINE PREM
OLD#
PK/SZ
BRAND
DESCRIPTION
2945954
9/40 CT
ZIPLOC
BAG PLAS FRZR QT SZ
NEW#
PK/SZ
BRAND
DESCRIPTION
7860788
1/250 CT
HANGARD
BAG PLAS RECLOSE SLIDE QT
OLD#
PK/SZ
BRAND
DESCRIPTION
4126280
250/1 GAL
ZIPLOC
BAG PLAS FRZR RECLOSEABLE
DESCRIPTION
CRACKER SALTINE PREM
DESCRIPTION
From the Seafood Desk
High pricing driven by relatively short supply has created a quiet market. Low availability may delay any price corrections until the Spring. FISH FACT King Crabs hunt small fish and plankton in the oceans and are often found close to coral reefs or rocky areas where there are plenty of places for the king crab to hide.
Fishing for Halibut will resume in Mid-March of 2012. In the meantime, fishermen and processors are bracing for another round of large quota cuts to be announced soon by the IPHC. FISH FACT The female halibut is usually larger than the male.
********************************
NEW#
PK/SZ
BRAND
7860810
200/1 GAL
HANGARD
OLD#
PK/SZ
BRAND
BAG PLAS RECLOSE FRZR 10.5X11
DESCRIPTION
7592363
100/2 GAL
REYNOLD
BAG PLAS RECLOSE STRGE
NEW#
PK/SZ
BRAND
DESCRIPTION
7863662
100/2 GAL
SYS CLS
BAG PLAS RECLOSE 13X15.5
************************************* *************************************
February 17, 2012
FreshPRESS News that is as fresh as our produce
top five updates
1 2 3 4 5
MELON–HONEYDEW ALERT! Honeydew markets are extremely tight.
PAPAYA
Small papaya are extremely short due to heavy rains in growing areas.
BANANAS ALERT!
Due to circumstances in the tropics, Banana markets are extremely tight.
BERRY – BLUEBERRIES Cold temperatures in Georgia and Florida have caused major damage to crops.
FreshPress
a quick glance at the top produce items for quality and market conditions
ASPARAGUS Good supplies coming primarily from Mexico. Excellent size and quality.
BEAN, GREEN Supplies are tight causing markets to strengthen. Quality is good.
Supplies remain steady from Mexico, Chile and California. Quality and flavor is excellent.
BANANAS ALERT! Due to circumstances in the tropics, Banana markets are extremely tight. Demand is exceeding supply making ripened fruit hard to come by. This situation is expected to improve soon.
Asparagus Beans Broccoli Cabbage Cauliflower Celery Cucumbers Lettuce – Iceberg Lettuce – Leaf Lettuce – Romaine Lettuce –Spring Mix Onions – Red Onions – Yellow Peppers – Green Peppers – Red Potatoes – Russet Squash – Yellow Squash – Zucchini Tomato – Cherry Tomato – Grape
Consistent supplies coming primarily out of Mexico.
Tomato – Roma Tomato – V/Ripe
FRUIT Avocado
BERRY – BLUEBERRIES Cold temperatures in Georgia and Florida have caused major damage to crops. Markets are active and volumes are limited. However, growing areas in Mexico and Peru are compensating as best they can.
BERRY – RASPBERRY Good volumes coming out of Mexico. Quality is good.
Berry- Blackberry Berry- Blueberry Berry- Raspberry Berry- Strawberry Grape- Red Grape- Green Kiwifruit Lemons Limes Melon–Cantaloupe Melon – Honeydew Melon–Watermelon Oranges Pineapple
LOW
AVG
Price HIGH
VEGETABLE
LOW
, 2009
Tomato – Mature Green
BERRY – BLACKBERRY AVOCADO HASS
Check
Quality AVG
Rain throughout the growing regions of Mexico has caused quality issues such as styler.
Reality
HIGH
CITRUS – LIMES
February 17, 2012
FreshPRESS News that is as fresh as our produce
BERRY – STRAWBERRY
LETTUCE
Inclement weather throughout Florida, California and Mexico have caused berry markets to tighten. These conditions are expected to last through the weekend.
Excellent Lettuce quality and supplies. However, occasional winter defects have been noted such as fringe burn, discoloration and under-sizing.
BROCCOLI & CAULIFLOWER Broccoli and Cauliflower supplies are plentiful. Quality is good.
CELERY Supplies are steady coming out of California and Florida. Quality is good.
CITRUS – LEMONS Good supplies and quality.
CITRUS – LIMES Rain throughout the growing regions of Mexico has caused quality issues such as styler. Markets remain strong.
CITRUS – ORANGES Navel supplies are great. Excellent quality and flavor.
CUCUMBER & EGGPLANT Good supplies and quality on Cucumber coming out of Honduras and Mexico. Eggplant supplies have improved. Markets on both commodities are steady.
GRAPES Green Grape markets have firmed up as we transition into new growing areas. Quality is expected to improve within the coming weeks. Red Grapes are plentiful with good quality.
MELON –HONEYDEW ALERT! Honeydew markets are extremely tight. These conditions are expected to last another few weeks. Pro-rating may take place.
MELON – CANTALOUPE
Brix A percentage of soluble
solids in fruits are almost 100% sugar, therefore refractometers are widely used to check maturity in fruits. The number will be % of solids as sucrose.
Honeydew and Cantaloupe are all averaging about
10-11%
Cantaloupe markets have firmed up. Small size fruit is still limited.
ONIONS Excellent quality coming out of Idaho, Oregon and Washington.
GREEN PEPPERS & SQUASH Green Pepper and Squash supplies are steady coming out of Florida and Mexico. Quality is good.
RED PEPPERS Red and Yellow Pepper markets are steady coming out of Mexico.
Brix Scale Low: 8-10% | Avg: 11-13% | High: 14-17%
PAPAYA Small papaya are extremely short due to heavy rains in growing areas. Until these conditions improve, larger size fruit can be substituted.
POTATOES Markets are steady. Quality and availability are good.
TOMATOES Tomato supplies and quality are good coming out of Florida and Mexico.
Sysco News that is as fresh as our produce Please Distribute to: Executive Chef, General Manager, Kitchen Manager, Purchasing Manager, F&B Manager
FINGERLING POTATOES
Simply Delicious
WEEKLY SEAFOOD PRICING WEEK OF 2 20 12 Order before noon for next day delivery for Demand Status items. Demand Status items are not available for Monday delivery. Stocked items noted as STK in stock item column Item Stock Brand Item Description PK/SZ 8543142 PACKER ALLIGATOR MEAT TAIL FIL FRZN 1/5 LB 8044406 PACKER BLUEFISH FILET FRESH 10oz + FRSH 1/10# AVG 2819639 PACKER CALAMARI TUBE & TENT CLN 5/8" FRSH 1/10# AVG 1478999 PACKER CATFISH FILET ATL SKLS FRSH 1/10 LB 6303937 PACKER CLAM CHERRYSTONE FRSH APX 125 CT 1/125 CT 7636889 PACKER CLAM FRYING SHUCKED 7/1 FRSH 1/8# GAL 2367233 PACKER CLAM LITTLENECK FRSH APPX 400 CT 1/ BU 1410679 PACKER CLAM LITTLENECK FRSH APPX 100 CT 1/10 LB 1626084 PACKER CLAM LITTLENECK FRSH APPX 200 CT 1/200 CT 8917106 PACKER CLAM LITTLENECK FRSH RNDM SIZES 1/ BU 7257785 PACKER CLAM MAHOGANY FRSH APPX 500 CT 1/ BU 8910549 PACKER CLAM QUAHOG FRSH APPX 100 CT 1/ BU 1427418 PACKER CLAM STRIP UNBRD RAW 6/2 FRSH 1/8# GAL 5653613 BOS'N CLAM STUFFED GOURMET 5oz 36CT FRZ 3/1 DOZ 8904344 PACKER CLAM SURF CHOPPED/MINCED FRSH 1/8# GAL 2169738 PACKER CLAM TOPNECK FRSH 1/100 CT 1400811 PACKER COD FILET MKT 12oz+ FRSH 1/10 LB 1226539 PACKER COD FIL SKNLS 10-16 OZ REFRESHED 1/10 LB 6978035 PACKER CRAB JONAH COCKTAIL CLAW 16/20 10/2 LB 7930944 PACKER CRAWFISH MEAT CKD 80/100CT FRZ 24/1LB 7385230 PACKER CRAWFISH WHOLE 16/22 CKD FRZ 2/5 LB 6505127 PACKER FLOUNDER FILET 4-6 OZ REFRESHED 1/10 LB 9557638 PACKER GROUPER FIL SKNLS FRSH 1/10# AVG 6502884 PACKER HADDOCK FIL SKLS 10-16oz REFRESHED 1/10 LB 1770171 PACKER HADDOCK FIL SKLS J-CUT 8-12oz FRSH 1/10 LB 3843950 HID COVE HALIBUT FILLET 3-8 LB SK/ON FRSH 1/10# AVG 2153252 PACKER HALIBUT FILLET SK/ON FRSH [RFRSH] 1/10# AVG 4475158 HID COVE HALIBUT FILLET SKLS 3-8 LB FRSH 1/10# AVG 4897348 STK PACKER LANGOSTINO IQF BULK FRZ 250-300 CT 4/2.5 LB 6855050 PACKER LOBSTER BODIES RAW FRZ 1/ BU 8130874 PACKER LOBSTER WHOLE LIVE FRSH # [skip day] 12/1 LB 6038210 PACKER LOBSTER WHOLE LIVE FRSH # [skip day] 12/1.25 LB 6858179 PACKER LOBSTER WHOLE LIVE FRSH # [skip day] 12/1.5 LB 6857726 PACKER LOBSTER WHOLE LIVE FRSH # {skip day] 12/2-3 LB 2219384 HID COVE MAHI MAHI FIL SK/ON 2 LB+ FRSH 1/10# AVG 1155456 PACKER MAHI MAHI FIL SK/ON 3-5 LB FRSH 1/10# AVG 6503403 PACKER MUSSEL CULTIVATED LIVE FRSH 1/10 LB 8904310 PACKER MUSSEL CULTIVATED LIVE FRSH 1/25 LB 7536204 PACKER MUSSEL MEAT POACHED FRSH 1/GAL 7476260 PACKER MUSSEL PEI FRSH 1/10 LB 2504322 PACKER OCTOPUS CLND WRAPPED 4-6LB FRZ 1/30 LB 1060433 PACKER ORANGE ROUGHY FILET 6-8 OZ FRZ 1/22.05 LB 2471589 PACKER OYSTER SHELL FRSH MALPEQUE 1/100 CT 6771869 BLUEPOINT OYSTER SHELL FRSH 1/100 CT
Sell Price NA NA $5.24 $66.52 $34.86 NA $106.57 $34.58 $52.48 $64.31 $28.73 $27.76 $32.81 $42.13 $30.53 $27.89 NA $46.49 NA $216.77 $21.01 $46.48 NA $59.14 CALL NA $14.82 NA $101.99 $28.81 $7.77 $7.77 $8.06 $8.34 $8.34 $8.25 $10.89 $19.72 $32.84 $19.25 $96.91 $201.58 $56.80 $38.74
8929093 6410740 2410827 6410757 6093348 8185951 9373838 8904716 8904724 8411399 2169753 1818178 1801604 1818111 3984846 7759400 8405888 4195921 1348184 2125805 2217784 2217925 7167430 8555209 2219186 9288218 9537556 2214252 1476530 8405961 2213478 1476522 7458086 2213601 2213627
STK STK STK STK
STK STK STK
PACKER PACKER PACKER PACKER PACKER PACKER PACKER PACKER PACKER PACKER PACKER HID COVE HID COVE HID COVE PACKER PACKER PACKER PACKER PACKER PACKER HID COVE HID COVE PACKER PACKER HID COVE PACKER PACKER HID COVE PACKER PACKER HID COVE PACKER PACKER HID COVE HID COVE
POLLOCK FILET SKNLS 8 OZ+ FRSH SALMON ATL FIL SKLS/BND 3-4LB FRSH SALMON ATL FIL SKON/BND 2-3LB FRSH SALMON ATL FIL SKON/BND 3-4LB FRSH SALMON ATL FIL SKON/BND 3-4LB FRSH SALMON ALT FIL SKON/BND 4-5 LB FRSH SALMON WHL ATL 10-12 FRSH SALMON WHL ATL 6-8 LBS FRSH SALMON WHL ATL 8-10 LB FRSH SALMON WHL FRSH 1 FISH SCALLOP BAY FRSH SCALLOP SEA 10/20 DRY FRSH SCALLOP SEA 20/30 DRY FRSH SCALLOP SEA U/10 DRY FRSH SCUNGILLI CKD FRZN {CONCH} SEABASS FILET CHILEAN FRSH STRIPED BASS WHL HYBRID 1.25#-1.5# SEABASS WHOLE CHILEAN H&G FRSH SEABASS FILET CHILEAN SKNLS FRSH SEABASS STRIPED FRESH SHARK BLACKTIP LOIN SKNLS FRSH SHARK MAKO LOIN SK/ON FRSH SHRIMP ROCK 70/90 CT FRSH SHRIMP SHELL ON 26/30 CT EZPEEL SNAPPER FIL SK/ON 8 OZ+ UP FRSH SNAPPER FIL SK/ON 12-16 OZ FRSH_ SNAPPER WHL 1-2 LB HEAD ON FRSH SWORDFISH LOIN CENTER CUT FRSH SWORDFISH LOIN CENTER CUT FRSH SWORDFISH LOIN CNTR CUT FRSH SWORDFISH LOIN REG CUT FRSH SWORDFISH LOIN REG CUT FRSH TILAPIA FILET SKNLS 5-7 OZ FRSH TUNA LOIN YELLOWFIN LG FRSH TUNA LOIN YELLOWFIN SMALL FRSH
1/10 LB 1/10#AVG 1/10# AVG 1/10# AVG 1/30#AVG 1/10# AVG 2/11# AVG 1/14# AVG 1/18# AVG 1/10# AVG 1/8# GAL 1/8# GAL 1/8# GAL 1/8# GAL 1/7 LB 1/10# AVG 1/15# AVG 1/12# AVG 1/10# AVG 1/10# AVG 1/10# AVG 1/10# AVG 1/1 GAL 10/2 LB 1/10# AVG 1/10# AVG 1/10# AVG 1/15#AVG 1/10# AVG 1/20# AVG 1/15# AVG 1/10# AVG 1/10 LB 1/14# AVG 1/10# AVG
CALL $6.69 $5.22 $5.33 $5.16 $5.52 $4.09 $4.09 $4.10 $4.39 $44.00 $114.50 $114.50 $123.59 $58.47 $17.28 $6.65 $13.48 $19.56 $11.49 NA $5.22 $64.55 $114.73 NA $10.22 NA $10.18 $10.18 $10.07 $9.16 $9.05 $57.31 $12.56 $12.05
Sysco Connecticut 3 O’Clock Produce for the week of February 20, 2012 (In stock until 3 O’Clock) ( *RG* denotes REGIONALLY GROWN ) SUPC
Pack/Size
Description
Price
SUPC
1270172
1/24ct
Anise (Fennel) Bunch
$38.07
0742726
7993601 7741695 1970938 7993514 5360540 1007905 1266675 2252922 2233112 2314789 8666968 2701084 1007897 5161930 1166065 7716913 1747849
1/100 ct 1/120 ct 1/100 ct 1/100 ct 1/100 ct 30-36ct 18-24ct 1/24 ct 1/28 lb 1/11 lb 1/40 lb 1/Bu Crate 1/ bushel 1/25lb 25 lb 1/10lb 1/12ct
Apple Cortland **RG** Apple Empire **RG** Apple Gala Fresh Apple Red Del Fcy **RG** Apple Rome Artichoke Artichoke Arugula Bunch Crate Asparagus Std Crate Asparagus White Frsh Banana ORGANIC Basil Crate Field Pack Bean Green Fresh Beet Gold Whl Beets w/o Tops Bok Choy Baby Broccoflower Romanisco
$40.73 $38.07 $52.73 $38.40 $34.73 $39.40 $60.40 $31.73 $61.40 $32.07 $44.07 $40.73 $56.73 $42.73 $16.07 $19.07 $38.40
3692803 1007418 1000538 9173196 8809238 7373517 4442075 2827574 8396523 2330090 4373650 2041879 6304471 2337855 6437586 0525527 2561462
6633945
1/10lb
Brussel Sprouts Medium
$27.73
1873421
1/ 30 lb
Cabbage Nappa
$28.07
1817477
1/40lb
Cabbage Savoy
5091764
24/1 lb
5091772
Pack/Size
Description
Price
12/3 ct
Lettuce Rom Heart ANDY
$28.07
12/3 ct 1/12 ct 1/6ct 1/4-6 ct 1/1 lb 1/1 lb 1/5 lb 1/1 lb 1/1 lb 1/1 lb 1/3lb 1/10 lb 1/3 lb 1/18lb 1/10lb 1/5lb 1/40 lb
Lettuce Rom Heart ORGA Melon Cantaloup Fcy Frsh Melon Honeydew LG Melon Watermelon Sdls Mushroom Black Trumpet Mushroom Chanterelle Dri Mushroom Crimini Sliced Mushroom Lobster Dried Mushroom Maitake Dried Mushroom Porcini Dried Mushroom Shiitake Jumbo Mushroom Thin Sliced Mushrrom Shiitake Sliced Nectarine Fresh Chilean Onion Cippolini Onion Cippolini Peeled Jar Onion Vidalia Sweet
$44.73 $32.40 $44.73 $52.40 $38.07 $38.07 $17.07 $26.07 $34.07 $40.07 $27.40 $26.07 $25.40 $38.07 $34.73 $36.07 $36.73
7734441
1/25 lb
Onion White Boiler **RG**
$35.07
7734458
1/25 lb
Onion White Jumbo **RG*
$26.73
$28.07
6545578
1/5 lb
Onion White Pearl Pld
$39.40
Carrot Baby Pld ORGANIC
$48.73
1342856
1/20lb
Orange Blood
$32.07
48/1 lb
Carrot Cello ORGANIC
$59.07
3352382
1/20lb
Orange Navel Cara Cara
$33.73
1167253
1825 lb
Carrot Jumbo
$16.07
1185198
9/ 12 ct
Papaya Fresh
$31.73
6623599
1/25lb
Carrot ORGANIC
$32.73
1299882
1/bushel
Parley Italian (Flat)
$32.40
1324771 1320191 3102183 7120187 7317852 1283118 2034023 2467074 1071281 1104199 4485645 6379101 1344100 1283480 1079193 1785260 1007558 8713943 1505361 1008200 2038974 7964034
1/20lb 1/12ct 1/12 ct 12/25.4oz 1/5lb 1 bushel 1/20lb 1/24 cy 1/18ct 1/24 ct 1/5lb 1/EACH 1/ 30 lb 1/5lb 1/20lb 1/ 108 ct 1/200 ct 1/1 lb 1/12ct 1/24 ct 1/12ct 1/40 ct
Celery Root Chard Bright Lights Chard Swiss Green Cider Apple Sparkling Clementine Collard Greens Cucumber Pickling (Kirby) Dill Bunched Fresh Endive (Chicory) Escarole Figs Dried Garlic Braid Garlic Colossal Clove Horseradish Root Fresh Jicama Kiwi Fresh Bulk Pack Lemon CH Fresh Lemon grass Lettuce Bibb Hydro Lettuce Boston Lettuce Frisee Baby Lettuce Iceberg Baby
$32.07 $30.40 $28.40 $52.07 $9.73 $25.07 $28.40 $30.07 $27.73 $30.73 $52.73 $17.73 $42.07 $23.73 $31.73 $31.73 $48.07 $13.40 $27.73 $23.40 $29.40 $50.73
1008374 7734482 1312743 2337848 7103922 6636682 4670196 1167618 2261485 1595503 1669787 1048230 1008796 2096675 1049055 1580224 7413057 7691264 0134114 6189468 7691280 1798438
1/60ct 12/1 lb 1/10 lb 1/18lb 1/10 lb 1/40lb 1/22lb 1 bushel 1/25 lb 1/ 11 LB 1/bushel 1/10 lb 1/10lb 1/10lb 1/10 lb 1/ 25 lb 1/6 ct 1/ 40 lb 1/10 lb 1/10 lb 1/40 lb 1/18 lb
Parsley Curly Bunch Parsnip Cello **RG** Pea Sugar Snap Fresh Peach Fresh Chilean Pear Asian Pear Bosc Pear Red Barlett Pepper Cubanele Pepper Green Bell XLG Pepper Imported Orange Pepper Italian Long Hot Pepper Jalapeno Pepper Poblano Pepper Scotch Bonnet Pepper Serrano Pepper Yellow Domestic Pineapple Golden Plantain Green Plantain Green Plantain Ripe Plantain Ripe Plum Fresh
$30.40 $27.07 $31.73 $36.07 $26.73 $45.40 $34.07 $44.40 $29.07 $30.40 $39.40 $26.07 $28.07 $42.07 $35.07 $39.40 $24.07 $35.07 $18.07 $20.73 $40.73 $38.07
All orders must be transmitted by 3:00pm for next day delivery. 2/16/2012 • 12:10 pm
Page 1 of 2
Sysco Connecticut 3 O’Clock Produce for the week of February 20, 2012 (In stock until 3 O’Clock) ( *RG* denotes REGIONALLY GROWN ) SUPC
Pack/Size
Description
Price
0028456
12/28oz
Potato "C" Tri-color (R,W,
$46.07
4275509 5276389 3338803 3174299 6457550 1061787 1281575 2604684 7636301 2037208 2700219 6036483 2029593 4773891 7582505 8822116 1007798
1/20LB 1/20lb 12/28oz 12/28oz 1/20 lb 1/ 40 lb 1/1 lb 1/4 lb 1/5 lb 1/5 lb 1/5 lb 1/40 lb 1/7 lb 12/4oz 8/1 lb 4/16oz 12/pt
Potato Fingerling Red Potato Purple Fingerling Potato Red Creamer Potato White Creamer Potato Whl Pld Rsst Bucke Rutabaga Shallot Whl Dry Spinach Baby ORGANIC Squash Baby Patty Pan Gr Squash Baby Sunburst Squash Baby Zucchini Squash Butternut **RG** Starfruit 16-30ct Stirrer Cktl Sugar Cane 8" Strawberry Driscoll Strawberry Long Stem Strawberry Pints Florida
$43.40 $45.07 $47.07 $50.40 $26.07 $28.40 $5.07 $25.07 $28.07 $28.40 $28.40 $33.40 $32.73 $61.07 $31.73 $34.73 $25.40
1080050
1/80 ct
Tangelo
$39.40
1168608
1/120 ct
Tangerine Fresh
$34.73
7989411
100 ct
Tangerine Fresh
$37.40
1008861
1/ 10 lb
Tomatillo Fresh
$32.73
1278126
1/ 25 lb
Tomato Green
$22.07
7837453
1/10 lb
Tomato Heirloom Asst
$49.40
3927522
1/ 11 lb
Tomato on the Vine "Clust
$20.73
6976336 1293844 7734525
1/25 lb 1/ 10 lb 1/25 lb
Tomato Red Ripe 5x6 Tomato Yellow Beefsteak Turnip Purple Top **RG**
$22.07 $39.40 $20.40
SUPC
Pack/Size
Description
Price
All orders must be transmitted by 3:00pm for next day delivery. 2/16/2012 • 12:10 pm
Page 2 of 2
SYSCO CONNECTICUT From the desk of Hillary Gibson Item#6032445 will be UNAVAILABLE until SUMMER due to new pack item#
PK/SZ
BRAND
DESCRIPTION
6032445
6/#10
SAHAR B
PEACH SLI Y/C CH IN PEAR JCE
USE THE FOLLOWING AS RECOMMENDED SUB WHEN PRESENT STOCK IS DEPLETED
Cheese—“Barrel cheese prices were uneven this week, with prices rising and falling on given days. Block prices continued their decline this week. Weekly average prices for blocks and barrels are well below the comparable week a year ago. Increased milk supplies and discount milk pricing have cheese plants running heavier than expected schedules. Demand for cheese is lower than hoped and inventories are said to be building.”
********************************************* ********************************************* From the desk of Sue Brksa
USE#
PK/SZ
BRAND
DESCRIPTION
MEAT MARKET UPDATE
3678893
6/#10
SYS CLS
PEACH SLI Y/C PEAR JUICE DMSTC
Loin: All of the major loin cuts moved higher this week, plus the thin meats continued to advance in response to seasonality and the constrained fed beef production in recent weeks. The Choice 174 short loin 0x1 and Choice 180 strip loin 0x1 are both expected to have significant rallies into this spring, especially from early Mar into Apr/May. Peaks in front of the Memorial Day holiday could be in the $640-65 area for both of these cuts. The pace of increase on some of the loin cuts could slow in the next few weeks, but setbacks would likely be modest and short-lived for the Choice product.
************************************* *************************************
DAIRY MARKET Butter—“The CME cash butter price continues to steadily decline on basically a daily basis, the lowest cash price in nearly two years. Churning activity across the country remains strong. Cream supplies are plentiful to churns with some cream volumes clearing from one region to another to secure a buyer or processing capacity. Current churning activity continues to surpass demand and clearances to inventory continue. Domestic buying interest is fair. Reports indicate that overall orders have slowed, which is typical for a time when the cash price is weak and declining. Again this week, Cooperatives Working Together (CWT) announced the acceptance of export assistance requests for nearly 3.4 million pounds of butter for shipment now through June 2012. The announcement also included cheese assistance with the destinations for the various dairy products being: Asia, Europe, the Middle East, and Northern Africa. Within the past two weeks, 14.4 million pounds of butter have received export assistance through CWT.”
Rib: The spread between Choice and Select boneless lip-on rib eyes was extremely wide last fall (over $250 in Nov) but has collapsed in recent weeks to near even. The % of cattle grading Choice has increased seasonally in recent weeks, but has been running 1-2 percentage points behind last year. The Choice grade % should continue to increase through Feb, but remain behind year ago levels. The pace of increase on the Select 112A boneless lip-on rib eyes is expected to slow considerably and may even flatten out over the next few weeks. Still, spring peaks are expected near $600. ***************************************************************** *****************************************************************
2