Saval Foodservice
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 fr...
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Episodes
Turkey Takes Center Stage 15.11.2024 3:12
This week in beef markets is a repeat of last week, this market is shaping up to be a classic holiday market. The middle meats, strips, ribeyes and tenderloins all moving up again next week. Don’t expect any relief on middle meat pricing until the end of the year. This continues the advice to buy now, waiting will cost you money. Also same as last week, moving lower chucks and rounds, briskets...
Markets Prepare for Holidays 08.11.2024 3:03
The beef market continues to increase in middle meat pricing. Rounds, chucks, and grinds are finally moving lower. Better pricing is to come. Chicken production continues strong and pricing has finally settled. This market may have more to give in the next few weeks. Six new cases of Avian Flu were reported, totaling 780k birds. Pricing on grains is up, but nothing alarming. Pork bellies closed do...
Unpredictable Pork Bellies 01.11.2024 3:36
Happy Halloween! 🎃 Beef production and demand are both strong. Middle meats, strips, ribeyes, and tenderloins will continue to have strong pricing, and with the additional production, other cuts should move lower. Chicken production continues strong and pricing could move lower. Unfortunately, there is a lot of bad Avian Flu news. All of our grains are looking great. Pork bellies are volatile. Th...
Spooky Season for Beef 25.10.2024 2:59
The beef complex is moving higher, almost every cut is moving higher next week, lead by middle meats, strong moves higher in ribeyes and tenderloins, strips moving higher as well. This is the time of year to buy early, waiting will cost you money. Beef production last week was 608K head up from the 586K the week prior. Chucks and rounds moving higher, grinds too. I think this will be a typical...
Guess Who's Back 18.10.2024 3:01
The CME has mellowed out for much more normal weekly numbers. Beef harvest is way down, pushing pricing higher overall. Most cuts are up for the week, so buy what you need now. Waiting will cost you money. Avian Flu is back, affecting 2.7 million egg-laying chickens, and will stick around with the colder weather. Chicken production continues strong, and pricing for the next week is down overall. L...
Value Has Returned to Dairy Markets 11.10.2024 3:23
The decline in dairy prices continues this week, through Thursday, barrel is down 15, block is down 11 and butter is down 5, since the recent peak in late mid-September barrel has dropped 72 cents, block is down 34 and butter has dropped 38. That is a pretty major reset in just three weeks. We may have another week or so before this market hits bottom but good value has returned to the dairy mark...
Grain Gets Spooked 04.10.2024 3:25
The dairy market broke last week and finally moved lower. Buy what you need as values will be improving. Beef production was slightly up last week. Middle meats are moving higher for the holiday season. Rounds and grinds are declining. In poultry, chicken pricing is moving lower on all cuts. It's a great time to feature chicken. The grain markets are a bit spooked by unrest in the Middle East...
Have We Said "Menu Pork"? 27.09.2024 3:41
The dairy market broke this week and all segments are down. This market is still upside down, but will hopefully correct in the next few weeks. Beef demand is better than expected. Packers need to keep pricing as high as they can. Buy what you need, though other than middle meats, pricing is looking better. Chicken production continues to climb. Pricing is moving lower on wings, random breasts, an...
The CME is BONKERS 20.09.2024 3:17
Through Thursday barrel pricing up 18 cents totaling 41 cents over the last month, and 34 cents over the block. That’s just crazy. Block traditionally trades about 10 over the barrel so this market is just upside down. Speaking of the block, we are actually down 2 for the week for some welcome relief from this recent run. Hopefully with will all top out soon. Savalfoods.com | Find us on Soc...
Pork Production Ramps Up 13.09.2024 3:25
Labor Day Weekend shortened beef production last week. The market is moving lower overall with a few exceptions. Buy what you need, better prices are ahead. Chicken production continues strong as chicken is the protein of choice for consumers. Wings are coming down just a bit, breasts have some strength, and tenders are in tight supply and expensive. We are at three weeks with no new Avian Flu rep...
Some Welcome Beef Relief 06.09.2024 4:12
The beef market saw some welcome demand going into Labor Day Weekend. Now we should see some moves lower over the next couple of weeks. Buy what you need now, but it will be cheaper if you can wait. Strip loins are the buy in middle meats. Chicken production continues strong and egg set numbers are up. Wings are moving lower again, while breasts and tenders are holding steady. Fall should shape up...
Long Weekend 🤝 Good Markets 30.08.2024 3:05
The beef market is showing some strength, with ribeyes and tenderloins on the rise again for next week. Grinds have been leading the market, with chucks and rounds following suit. I’d be in a buy-just-what-you-need mode for next week as I do think things will adjust lower as we move into September. Chicken production is up 3% over last year. Wings and tenders are holding steady and breasts are mov...
And the Beef Goes On 23.08.2024 3:21
Restrained beef production is keeping the beef market slow-moving. Grinds, chucks, and rounds continue to demand premium prices. Ribeyes and tenderloins have hit bottom and are moving higher. Strip loins are the buy in middle meats. Chicken production continues ahead of last year. Wing pricing is steady for next week, a big change after weeks of declining costs. Breasts and tenders are moving high...
Wings Down Again 16.08.2024 4:10
The CME has been on a tear with barrel pricing reaching levels we haven't seen in over two years. This market will continue to move higher. Get in front of your demands. Beef production numbers are down and demand is too. Pricing is softening on middle meats while grinds, chucks, and rounds hold the market up the best they can. We will be dealing with this higher-expense market for a while. S...
Dead of Summer Markets 09.08.2024 3:14
There is not much pushing the beef market to move higher at the moment. Grinds, chucks, and rounds are holding steady, while strip loins continue to lose value. Ribeyes and tenderloins have found some support. Buy what you need knowing this market is not heading higher for now. Chicken wings are down again this week and breasts are moving higher. It's a good time to feature chicken. Only one...
Finally Some Good Chicken News 02.08.2024 3:13
Beef production continues to be restrained with the summer heat and low demand. Packers need to keep pricing up as much as they can. Strip loins are moving lower. Ribeyes and tenderloins have gone as low as they probably can for now. Chicken production continues strong and wing prices are lower for next week, finally! Corn closed below $4 for the first time in 6 months. This summer's crops ar...
Pork Bellies Rally On 26.07.2024 3:28
The beef market continues to correct on middle meats, especially the strip loin. Ribeyes and tenderloins are coming down as well. Grinds continue to be the focus with chucks and rounds holding on pricing. Poultry production is up 2% over last year, finally meeting the strong demand. If this continues, we may see the market ease up a bit. Four new cases of Avian Flu were reported affecting 301k bir...
2024 Summer Focus: Ground Beef 19.07.2024 4:10
This summer, it's all about ground beef. Strips, ribeyes, and tenderloins are seeing price declines, so delaying the buy on these cuts could save money. Rounds, chucks, and thin meats are headed to the grinder to support ground beef demand, so expect these prices to stay supported and availability to be reduced. The poultry market is steady in wings, randoms, and tenders, making these a good...
Let Freedom Wing 05.07.2024 3:30
Happy Independence Day! Beef production continues to be restrained keeping supplies tight and buyers chasing product. Some middle meats are coming down, which might continue. Chucks, rounds, and ground beef are all moving higher. Chicken pricing and demand are strong, especially in wings. Keep as many wings on hand as you can. Bellies continue to be a good buy in pork. Loins and ribs are settling...
Beef Markets Stay Sizzling 14.06.2024 3:00
Beef supply remains tight. Demand for middle meats was up, thanks to Father's Day. Pricing on most everything is up and firm, but this market should move lower after July 4th. Buy what you need now, waiting will cost money. Poultry demand is still strong and demand is keeping things moving. Wing pricing continues to move up. Avian Flu is not done, 92k turkeys and one human dairy farm worker h...
Wings Prepare for Flight 07.06.2024 3:55
Beef pricing is being driven higher by short supply. Expect pricing to continue to move higher. Buy what you need now, waiting will cost you money. Hopefully, we'll see the increases stop after the Fourth of July. Poultry production can't keep up with demand. Pricing is moving higher on pretty much everything, except breasts being down a few pennies. Wings are the highest they've be...
Dairy Finally Broke 31.05.2024 3:20
Avian Flu just won't go away. This week, 4.2 million egg-laying chickens were lost to the virus. The Netherlands is testing two vaccines, so we'll see how that goes. This won't cause any shortages in chicken but will increase pricing. With demand remaining strong, this market should continue to move higher. Beef production was up this week, but the market is still short and pricing...
Beef Cutbacks Surprise Tracy 24.05.2024 3:49
Beef production cutbacks were a bit stronger than I expected with 598K head harvested last week, well down from 622K the week prior. Last year saw 640K head harvested so production going into the summer season is being restrained to push prices higher. And they are pretty successful looking at the cutout. We have higher prices right rolling in as tightened supplies have done their job and will co...
Dairy on a Tear 17.05.2024 3:43
Beef production cutbacks are off to a slow start. The market is steady to lower. Look for some deals if you have the customer demand to move product. Poultry demand is strong and production can barely keep up. Pricing is up on all parts and there is more upside to come. Planting is on track for grains and everything seems to be in good shape. Pork bellies are up this week but still in a good buy p...
No Beef Market Momentum 10.05.2024 4:08
Beef pricing seems to remain the same despite the recent ramped-up production. The market feels flat with demand and pricing is flat to lower. We're heading into Memorial Day with no momentum in the beef market. Chicken demand is still strong and production is up from last year. Pricing is up overall. This could be an expensive summer for chicken. There is plenty of pork product and demand is...
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