Market Updates for Week Ending February 17, 2012

posted Feb 20, 2012 | Market Trends

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

Increasing

Good

Higher

Black Beans

Steady

Good

Higher

Rice, Long Grain

Decreasing

Good

Lower

Coffee Beans

Decreasing

Good

Lower

Sugar

Steady

Good

Lower

Honey

Increaing

Good

Higher

Oil & Grains

 

Oil & Grains- US corn planted acreage this year could be the largest in 68 years. This is anticipated to lead to lower US corn prices during the latter half of '12.

Type
Market Trend
Supply
Price Vs. Last Year

Soybeans

Increasing

Good

Lower

Crude Soybean Oil

Increasing

Good

Lower

Soymeal

Increasing

Good

Lower

Corn

Decreasing

Good

Lower

Crude Corn Oil

Increasing

Good

Lower

Distillers Grain, Dry

Increasing

Good

Higher

Crude Palm Oil

Increasing

Good

Lower

Hard Red Winter Wheat

Decreasing

Good

Lower

Dark Northern Spring Wheat

Decreasing

Good

Lower

High Fructose Corn Syrup

Decreasing

Good

Lower

Durum Wheat

Increasing

Good

Lower

Paper Products

Type
Market Trend
Supply
Price Vs. Last Year

NBSK - Paper napkin

Decreasing
Good
Lower

42 lb. Linerboard - corrugated box

Decreasing

Good

Lower

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

Steady

Good

Higher

PP-HIGP-heavy grade utensils

Steady

Good

Lower

PE-LLD-can liners, film, bags

Steady

Good

Higher

Seafood

 

 
 
Seafood -In Dec, US total shrimp imports were up 1.6% but shell-on shrimp imports were down .4% versus '10. Shrimp prices are currently lower than last year but remain reasonably high which should encourage US shrimp imports in the coming months. This could keep shrimp prices below '11 levels. US salmon fillet/steak imports in Dec were 24% greater than '10. Salmon prices are 14% below the 5 year average for the date.
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)

Decreasing

Good

Lower

Shrimp
(61-70 count)

Decreasing

Good

Lower

Shrimp, Tiger
(26-30 count)

Decreasing

Good

Higher

Snow Crab Legs
(5-8 oz)

Increasing

Good

Lower

Snow Crab Legs
(8 oz up)

Increasing

Good

Lower

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

Lower

 

Dairy

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Produce

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Petroleum

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Currency

Click here to see the latest currency exchange rates.

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