Market Trends with Tracy
In foodservice, making smart menu decisions can be the difference between open, and closed. Follow along each week as we try to make sense of the many links in our food service supply chain, and how that affects the food you serve. Saval Foodservice's own veteran purchaser, Tracy Anderson, takes you through the major market updates.
Saval Foodservice is a broadline foodservice distributor located in Elkridge, Maryland, and has been a family-owned & operated business since 1932. We serve the area's independent restaurants, caterers, delis, hotels, and other eateries. Our products range from fresh produce, seafood, custom-cut meat, groceries, beverages, our own line of Saval Deli delicatessen products, and cleaning supplies.
We created this podcast in 2020 to keep our customers informed of the suddenly volatile market. Market Trends with Tracy is written & recorded by Tracy Anderson. Produced & Edited by Deanna Segreti and Shelby Reister. For questions or inquiries about the show, email sfssocialmedia@savalfoods.com
Follow us on Instagram @savalfoods or on TikTok @savalfoodservice
Market Trends with Tracy
Migration, Tariffs, and End of Winter Markets
Beef processors continue to keep production numbers down. Strip loins are moving higher while the other middle meats move lower. We've most likely seen the bottom on ribeyes and tenderloins. This pattern should hold steady in the next few weeks, waiting for warmer weather to help boost demand.
Chicken production continues running about 3% over last year. Wings are down for next week while breasts and tenders move higher. On the Avian Flu beat, 14 new reports since last week affecting 3.4 million birds. With Spring migration coming soon, the virus could be carried back up North along the East Coast which could make things worse.
In grains, the proposed tariffs could increase Canola oil from Canada's prices. Shifting from Canola to soy will push soy up as well. We'll keep an eye on what happens or doesn't happen.
Pork bellies turned around from last week's big drop, closing at $179. No need to buy unless you just need product. Other than bacon, pork is a good move.
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