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Beef - Prices are per pound, shipping point price from packers, not including freight from the USDA

Oil, Grains, Misc.- Prices per pound for oils, canola seed, beans, sugar and coffee. Prices per bushel for soybeans, corn and wheat. All prices from the USDA except coffee and sugar (New York Board of Trade), canola oil (supplier offers).

Dairy - Prices per pound for cheese, butter and class II cream. Price per hundredweight for the class I cream. “CME” stands for the Chicago Mercantile Exchange. All prices from the USDA

Pork - Prices are per pound, shipping point price from packers, not including freight from the USDA

Seafood - Prices per pound from the Fisheries Market News. The whole salmon, grouper, tuna, catfish, lobster, trout, and crab meat markets are for fresh product. The shrimp, snow crab, salmon portion and cod markets are for frozen product.

Poultry - Chicken and turkey prices are per pound, shipping point price from processors, not including freight from the USDA. Egg prices are by the dozen from the USDA.

Tomato products - Prices per 6 number 10 can case from supplier offers.

Processed Fruits and Vegetables - Canned prices are for 6 number 10 can case from supplier offers. Frozen prices are as specified from supplier offers.

Paper/Plastic Product - Wood pulp prices are per metric ton for 3 year contracts per supplier offers. Plastic resin prices are per pound from Plastics News.

Produce - Prices are per case as specified, shipping point average not including freight, unless denoted with “Term.” “Term” noted markets are the terminal produce point selling price average from the Los Angeles, Chicago, New York and Atlanta produce terminal markets.



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Daily Market Update
Pork Report
May 17, 2008
Pork output last week declined 4.2% but was still 9.5% larger than a year ago. Sow slaughter has risen sharply in recent weeks compared to the prior year which suggests that the reduction in the swine breeding herd is escalating. Pork output could be tempered later this year. The rise in pork prices during the past 4 weeks has been impressive given...

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