Chef Connexion prides itself on providing timely commodity market information, to help you make more informed menu and food purchasing decisions. Please consult with your local distributor sales representative as local market situations may differ, or contact us to have a sales representative call on you.

Beef

September 14, 2021

Beef prices remain stubbornly elevated and declining slower than expected heading into Fall. Regardless, prices were lower last week, but two consecutive weeks of lower production and increased exports may continue to prevent prices from falling more abruptly.  The ‘grilling season’ has mostly ended so there should be price relief on middle cuts.

The market call for the next few weeks is “LOWER” but at continued elevated levels higher than last year.  Recommend delaying any large volume purchases.

  • Ribs – In short supply and prices continue to move higher.
  • Striploins – Loin prices continue steady to lower from elevated levels.
  • Top Sirloins – Prices are steady to lower. This cut offers a lower price as compared to other loin items. 
  • Tenderloins – Prices are steady to lower from extremely high levels.      
  • Briskets – Prices have plateaued and expected to move lower.
  • Chucks – Prices are expected to move lower from current highs.
  • Rounds – Prices expected to move lower from current highs.
  • Ground Beef – Expect lower prices into fall.

Check out Canada Beef Foodservice Resources Canada Beef Foodservice – Canadian Beef | Canada Beef including The [refreshed] Roundup™ app, Canada Beef’s source for all things beef! Ready for download on iPhone/iPad or Android!


Pork

September 14, 2021

The pork market continues to be quiet as overall demand including exports has slowed to a crawl. 

As forecasted in our last report, expect prices to continue to retreat as production picks up seasonally and carcass weights increase.  The ‘fly in the ointment’ could be continued Covid related plant labour issues which may ultimately affect supplies and pricing.

Did you know that U.S. and Canada pork prices mostly move together as one market [similar to Beef]. Canada which exports 60-70% of its production  is subject to U.S. and global price determination. Canadian pork marketers use the U.S.D.A. morning and afternoon pork sales and price reports as reference for pricing. Some Canadian prices are simply tied on a formula basis to the U.S. sheets.

The market call for the next few weeks is steady to “LOWER” however at levels that continue to be significantly higher than last year.  Recommend delaying any large volume purchases as markets continue to trend downwards.

  • Side Ribs – Ribs are finally moving lower from elevated levels.
  • Back Ribs – Prices are following the side rib trend.
  • Tenderloins – Prices are steady at elevated levels.
  • Loins – Prices are moving higher. One of the few cuts that will be that way.
  • Hams – Prices were down and looking ahead they can be expected to continue to be marginally lower.
  • Butts – Prices are steady to lower.
  • Picnics – Prices are steady to lower.
  • Bellies (Bacon) – Prices were down sharply and appears to be ready to continue down.

Check out Delicious Pork Recipes | Ontario Pork if you are looking for menu inspiration.


Poultry

September 14, 2021

As forecast in our last report, there has been a change in the market due to increased production. Product is now available that was not available only a month ago. Conditions have much improved for buyers since spring and early summer. Imports eased back in August likely due to improved domestic supplies however U.S. wings continue to be very scarce. 

The market call for the next few weeks is “STEADY” to lower at continued elevated levels higher than last year.

  • Whole Birds – Prices are steady.
  • Wings – Prices should remain firm given expected foodservice demand. Wing price risk rests largely with government shutdowns. Expect steady to higher prices over the next few months.
  • Breasts – Supplies are moving more into the buyer’s favour but demand will stay robust. U.S. breasts will provide support for Canadian product as will high prices on competing meats. This fall should see normal breast pricing patterns and are forecast to fall significantly.
  • Legs – Prices will trend seasonally lower although not as much as would typically be expected.

For everything chicken, check out Chicken.ca | Raised by a Canadian Farmer.


Seafood

September 14, 2021

We expect delivered prices on most popular species including salmon, cod, haddock, tuna, halibut, shrimp and pollock to move higher in the short term.

North American ports continue to experience delays due to lack of workers to unload containers causing imported seafood shortages. Additionally, shipping containers are also in short supply adding to delays. 

Some ports in China were under lock down due to the COVID-19 Delta variant. Expect supply issue for imported items from China such as calamari, tilapia, twice frozen cod, haddock, pollock, and salmon.

World snow crab supplies are expected to remain extremely tight until winter. 

Pasteurized crab meat is also in short supply.

Larger sizes of North Atlantic Lobster tails are expected to be in short supply until December. 

Prices on most species are now higher than at the same time last year.

Check out these seafood buying guides:  The Commercial Guide to Fish and Shellfish – Third Edition: Urner Barry’s On-Line Catalog or Seafood Handbook (seafoodsource.com).


Vegetables

September 14, 2021

Note: General lack of labour, high freight costs, shortage of pallets, high fuel costs and corrugate shortages are causing challenges for the supply chain of many imported items.

  • Corn – Steady pricing on good supplies of excellent local product.
  • Tomatoes – Tomato markets are steady. Quality varies among shippers. Romas are out of the Mexican Baja now. Local product is available. 
  • Celery – Prices are steady on excellent quality product. Local product is available.
  • Bell Peppers – Green and yellow imported bell peppers are expected to be in short supply especially in the East. Local product is available.
  • Carrots – Good supplies, quality, and steady prices. 
  • Broccoli – Quality and supplies are good with steady prices. Local product is available.
  • Cauliflower – Good quality product, supplies and steady prices. Local product is available.
  • Squash – Supplies are plentiful, quality is good. Pricing is lower. Local product is available.
  • Zucchini – Great quality and steady prices. Local product is available.
  • Cabbage – Good supplies and steady pricing. Local product is available.
  • Green Beans – Supplies are tighter with higher prices due to weather related issues in the U.S. Local product is available.
  • Brussel Sprouts – Demand is exceeding supplies. Expect higher prices and limited availability of new crop out of U.S.
  • Asparagus – Prices are going up as supplies continue to tighten from Mexico. Expected to improve in next few weeks.
  • Cucumber – Prices are steady. Local product is available.
  • Lettuce – Markets are stronger this week on romaine and iceberg due to yields dropping. Markets are expected to be unsettled over the next 2-4 weeks. Local iceberg, romaine and green leaf lettuce is available.
  • Melons – Pricing is steady, and quality are good on supplies out of U.S.
  • Potatoes – Markets are steady to firm on larger sizes that remain in short supply. Quality is good on the new crop.
  • Onions – Local product available now.
  • Peeled Garlic – Supply is tight and prices are high.

Mushrooms

September 14, 2021
  • Mushrooms – Supply challenges continue on all varieties of mushrooms. The overall demand is outpacing available supply. Suppliers are warning this will continue for the rest of the year. Multiple varieties are impacted. Shiitake and oyster mushrooms remain in a very tight supply situation.

Mixed Berries

September 14, 2021
  • Strawberries – Imported market has remained firm. Strong demand continues as yields continue to drop on imported product. Expect to see higher prices as summer comes to an end. Local product is available.
  • Blueberries, Blackberries and Raspberries – All berries are in good supply with steady prices. Expect some price and supply volatility as crop transitions to other growing regions.
  • Grapes – Supplies have increased from Mexico and California. Markets and quality are good.
  • Avocado – We have seen further slowing in harvest from Mexico. Product is coming in green and there is no big fruit being harvested. Expect higher prices and lack of availability.

Citrus

September 14, 2021
  • Oranges – Supplies and quality are good. Prices are steady.
  • Lemons – Supplies and prices continue to improve.
  • Limes – Supplies and prices are improving.
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