Market Updates

Dairy Market Update
Cheese continues to trade in a narrow range. The "cull rate", the number of cows dairy farmers take out of production has increased. Estimates are that by October, there will be 5 billion pounds less milk from the 176 pound total market, a 3% reduction. This is more than enough to reverse the downward trend and cause dairy product prices to rise. If the national economy begins a recovery and demand increases, we could see significantly higher prices by the end of the year.



Pork Market Update
Last week, pork production declined .8% but was 1.4% larger than the same week a year ago. Hog supplies are abundant for current demand which is depressing the market. Sow prices have declined 29% during the last 3 weeks, a signal that producers are reducing the swine breeding herd. The pork production slowdown could intensify in 2010.

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Market Updates

Cheese continues to trade in a narrow range. The "cull rate", the number of cows dairy farmers take out of production has increased. Estimates are that by October, there will be 5 billion pounds less milk from the 176 pound total market, a 3% reduction. This is more than enough to reverse the downward trend and cause dairy product prices to rise. If the national economy begins a recovery and demand increases, we could see significantly higher prices by the end of the year.

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News

A slower economy has brought the burger back. Every foodservice operator seeks ways to get more customers to visit; the All American Burger’s price point is a natural way to accomplish this.

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