Beef (Commodity)

Near Term Pricing: Steady

Supply vs. Demand: Available – Mixed

Foodservice buyers have largely stepped back, anticipating price discounting to stimulate spot market movement. Retail is actively building forward inventory ahead of Mother’s Day and Memorial Day. Harvest levels remain restricted as packers manage supply to stabilize the market; expect two to three weeks before foodservice demand meaningfully returns.

Dairy – Butter

Near Term Pricing: Decreasing

Supply vs. Demand: Available – Steady

Strong seasonal milk output is keeping production active across all regions, with inventories well-supported and cream readily available. Foodservice-specific demand remains light and secondary to retail and contract-driven activity. Overall market balance is stable. Source: USDA AMS 5/8/2026

Dairy – Cheese

Near Term Pricing: Increasing

Supply vs. Demand: Available – Steady

Cheese markets are active with steady to strengthening domestic demand and solid export support. Foodservice channels continue to lag retail and food manufacturers but are showing seasonal improvement heading into summer. Ample milk supplies are keeping production schedules full across all regions. Source: USDA AMS 5/8/2026

Dairy – Fluid

Near Term Pricing: Class I – Increasing | Class II – Increasing

Supply vs. Demand: Class I – Available, Steady | Class II – Available, Steady

Class I (Milks): A large cost increase is in effect for May. Class II (Creams & Cultured): A modest cost increase is in effect for May.

Oils / Shortening / Margarine

Near Term Pricing: Increasing

Supply vs. Demand: Available – Strong Demand

Commodity oil markets have risen nearly 60% since the start of the year, driven by the Iran conflict, biofuel policy, and weather concerns affecting crop yield outlooks — with strong demand adding further upward pressure. Tallow prices are tracking commodity oils higher, with supply tight in some markets. High Oleic Soybean Oil supply is very limited, and many products may no longer ship for this pack year. Margarine has seen modest increases tied to rising palm prices and ongoing tariff impacts; supply is adequate but prices are expected to remain steady to higher near term.

Pork

Near Term Pricing: Commodity – Mixed | Value-Added – Increasing

Supply vs. Demand: Available – Steady

Ribs are seasonally strong through late June on grilling demand before trending lower through summer. Butts are expected to rally into mid-summer ahead of a sharp post-June correction. Loins remain the most stable primal, with gradual gains and minimal volatility. Bellies represent the sharpest swing in value-added, with strong upside projected into late July followed by a steep seasonal decline.

Poultry – Chicken

Near Term Pricing: Steady

Supply vs. Demand: Available – Steady

The market is mixed across cuts. Jumbo boneless breast meat and wings face pressure from soft demand and added supplies, while tenders and select boneless breast meat remain well-supported. Dark meat continues to outperform, with legs, thighs, and thigh meat trading firm on strong domestic deboning and export demand.

Poultry – Turkey

Near Term Pricing: Mixed

Supply vs. Demand: Mixed

Disrupted seasonality and cautious buyer positioning continue to define the turkey market. Whole birds and consumer-sized breasts are holding steady, supported by deliberate buying and confident sellers. Parts and raw materials are mixed to softer, with pressure on drums, necks, tails, frozen breast meat, and thigh meat amid selective, price-sensitive demand.

Produce

Near Term Pricing: Decreasing – Tomatoes | Steady – Apples, Avocados, Bell Peppers, Broccoli, Idaho Russets, Oranges | Increasing – Strawberries, Romaine, Lemons, Iceberg, Onions

Supply vs. Demand: Increasing/Steady – Bell Peppers, Tomatoes | Available/Steady – Avocados, Idaho Russets | Decreasing/Strong Demand – Apples, Oranges, Strawberries, Lemons, Iceberg, Romaine, Broccoli, Onions

Apples (WA): Small sizes very limited until fall. Market steady.

Avocados (MX): Market steady and low. Peak size 48ct. Excellent eating quality.

Bell Peppers (CA & GA): Harvest ramping up. Solid quality. Market steady.

Broccoli: Supply limited; market expected to ease later in May.

Iceberg: Very escalated market; expected to ease later in May. Light weights, 36–40 lbs.

Value-Added Lettuce, Broccoli & Cauliflower: Escalated pricing expected to persist for a few more weeks.

Romaine: Continued tight supply for a few more weeks. Hearts are scarce.

Tomatoes: Prices declining. Romas fell the most; Rounds easing lower.

Strawberries: Supplies still tight; expected to improve over the next few weeks.

Oranges: Navels finishing; Valencias started. Small sizes tight.

Lemons: 165/200s scarce. Market up on low harvest and high demand.

Onions: Texas crop rained out. California now primary source; supplies tight.

Idaho Russet Potatoes: Deals available on 40/50ct and #2s. Strong quality.

Seafood

Near Term Pricing: Mixed

Supply vs. Demand: Available – Steady

Salmon is firm to higher on strong demand and tight supply; Groundfish is firm across the board due to limited raw material and tariff cost pressures. Lobster is firm short-term on weather disruptions and holiday demand but is expected to ease. Snow crab is trending lower; Scallops are seeing slight price easing though import supply remains tight. Shrimp is soft but stable with some downward price pressure. Overall, the market is mostly steady to firm, with softness limited to shrimp and select crab items.

Shell Eggs

Near Term Pricing: Mixed

Supply vs. Demand: Available – Steady

Demand improved modestly week-over-week but remains slow overall, with ample supplies keeping breaking schedules full and foodservice and institutional demand light. Broader egg markets reflect moderate to heavy supplies and muted marketing channel movement. HPAI conditions are relatively stable with no new outbreaks in the latest outlook, though cumulative 2026 losses remain notable and ongoing seasonal risk persists. Source: USDA AMS 5/13/2026

Sugar

Near Term Pricing: Increasing

Supply vs. Demand: Available – Steady

Both world and domestic sugar markets have seen localized price increases as agricultural trading levels rise broadly. Total availability is below original expectations, and while no shortages are anticipated, the tighter supply is expected to put upward pressure on domestic pricing. Slight price firming on bulk sugar from various suppliers is expected in the coming weeks.

Wheat / Flour-Based Products

Near Term Pricing: Increasing

Supply vs. Demand: Available – Strong Demand

Wheat trading levels have risen due to reduced global supply concerns, beginning to impact bulk flour prices in some markets. Minimal to moderate price increases are expected locally in the coming weeks, with stronger pricing likely to persist through the spring planting season. Overall supply remains solid, though localized shipping delays are possible as strong demand pushes production facilities near capacity.