Market Updates for Week Ending December December 23, 2011

posted Dec 22, 2011

To ensure you are informed of market changes, GFS Canada provides market trends to help you effectively run your business.


Beans, Rice, Coffee & Sugar

Type
Market Trend
Supply
Price Vs. Last Year

Pinto Beans

Steady

Good

Higher

Black Beans

Steady

Good

Higher

Rice, Long Grain

Decreasing

Good

Lower

Coffee Beans

Decreasing

Good

Lower

Sugar

Decreasing

Good

Lower

Honey

Steady

Good

Higher

Oil & Grains


Oil & Grains-US corn and soybean supplies are historically tight. The grain markets may be near a bottom but adverse economic conditions and the US dollar may dictate pending grain prices.

Type
Market Trend
Supply
Price Vs. Last Year

Soybeans

Decreasing

Good

Lower

Crude Soybean Oil

Decreasing

Good

Lower

Soymeal

Increasing

Good

Lower

Corn

Increasing

Good

Higher

Crude Corn Oil

Steady

Good

Lower

Distillers Grain, Dry

Decreasing

Good

Higher

Crude Palm Oil

Decreasing

Good

Lower

Hard Red Winter Wheat

Increasing

Good

Lower

Dark Northern Spring Wheat

Decreasing

Good

Higher

High Fructose Corn Syrup

Steady

Good

Higher

Durum Wheat

Decreasing

Good

Higher

Paper Products

Type
Market Trend
Supply
Price Vs. Last Year

NBSK - Paper napkin

Steady
Good
Lower

42 lb. Linerboard - corrugated box

Decreasing

Good

Lower

PS-CHH - utensils, cups, to-go cont.

Decreasing

Good

Higher

PP-HIGP-heavy grade utensils

Steady

Good

Higher

PE-LLD-can liners, film, bags

Steady

Good

Same

Seafood

Seafood-US Nov retail fresh fish and seafood prices were up 5.1% compared to a year ago but were the lowest since April. Historically high retail prices in Nov most likely dampened seafood demand in the US. Some seafood wholesale markets such as crab legs (9%) and shrimp (2%) have weakened over the last 4 weeks. If the US dollar appreciates next year as expected the seafood markets could average below 2011 levels.
Type
Market Trend
Supply
Price Vs. Last Year

Salmon, Whole
(10-12 lb)

Steady

Good
Lower

Catfish, Filets

Steady

Good

Higher

Trout, Drn.
(8-14 oz)

Steady

Good

Higher

Shrimp
(16-20 count)

Increasing

Good

Lower

Shrimp
(61-70 count)

Decreasing

Good

Higher

Shrimp, Tiger
(26-30 count)

Steady

Good

Higher

Snow Crab Legs
(5-8 oz)

Steady

Good

Lower

Snow Crab Legs
(8 oz up)

Steady

Good

Higher

Cod Tails
(3-7 oz. Frz.)

Steady

Good

Higher

Cod Loins
(3-12 oz. Frz.)

Steady

Good

Lower

Salmon Portions
(-8 oz. Frz.)

Steady

Good

Higher

 

Dairy

Click here to see the latest dairy conditions.

Produce

Click here to see the latest produce conditions.

Petroleum

Click here to see the latest petroleum conditions.

Currency

Click here to see the latest currency exchange rates.

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