Food Business News - February 2, 2021 - 46

INGREDIENT MARKETS

Nuts
Utilized production of pecans in
2020 totaled 302,350,000 lbs, up 18%
from 2019, with bearing acreage up 1.8%
and average yield up 16%, the US Department of Agriculture said in its annual
Pecan Production report. Total value of
the crop was $398,759,000, down 15%
from 2019, with the average price at $1.32
per lb, down 28%. Georgia accounted for
47% of the total US production, followed
by New Mexico with a 25% share.
In its final update of the season on
Jan. 26, the USDA said pecans in west
Texas, New Mexico and Arizona were
95% harvested with harvesting of a good
quality crop expected to be completed
by mid-February. Demand was moderate
for light deliveries by growers, who were
storing nuts for later sale in many cases.
Bees were being moved into California in preparation of almond pollination.
Dec. 31 peanut stocks totaled 4,374

Nuts
f.o.b. shipping point, $ per lb
Growers prices
Peanuts, raw, Ga.
Almonds, Calif.
Filberts, Ore.
Pecans, Ga.
Pistachios, Calif.
Walnuts, Calif.

Jan. 29
.95@1.15
2.10@2.50
2.20@2.70
2.55@3.20
5.25@6.20
1.40@2.00

- Change from -
Jan. 22
Jan. 15
+.10
+.10
-
-
-
-
+.05
+.05
-
-
-
-

Year
ago
.85
2.20
2.05
2.90
5.25
1.80

Peanuts (USDA national posted prices, 2019 crop, c/lb)
Runner
21.23
-
- 21.21
Spanish
20.78
-
- 20.84
Valencia/Virginia
21.44
-
- 21.55

million lbs, down 5% from a year ago,
according to the USDA. FBN

Meat and Poultry
Reports of new cases of African swine
fever in China rattled grain and livestock
markets amid uncertainty as to whether
the rapid herd rebuilding would continue.
US production of beef, pork and total
red meat in December was record high
for the month, the USDA said in its Jan. 21
Livestock Slaughter report. Production of
beef at 2,325 million lbs was up 2.6% from
December 2019, and pork production at
2,510 million lbs was up 2.7%. Beef and
pork production in November both were
down 1% from a year earlier, but monthly
output for one or both was record high
for most of 2020. January-December red
meat production was up 1.2% from 2019
with beef down slightly but pork up 2.4%.
Cattle in feedlots of 1,000 head or
more on Jan. 1 totaled 12,036,000 head,
up slightly from a year earlier, with
December placements at 1,842,000 head,
up 0.8%, and marketings at 1,853,000
head, up 1%, the USDA said in its Jan. 22
Cattle on Feed report. December cattle
placements and marketings both were
the second highest on record.
Total frozen red meat stocks on Dec.
31 were down 11% from a year earlier
with beef stocks at 534,297,000 lbs, up
11%, but pork stocks at 408,361,000
lbs, down 30%, although the latter was

compared with record-high stocks in
2019, the USDA said in its Cold Storage
report. Total frozen poultry stocks were
down 10% from Dec. 31, 2019, with chicken at 863,077,000 lbs, down 12%, and
turkey at 223,637,000 lbs, down 3.9%.
USDA beef and pork cutout values
advanced last week, in part as adverse
weather hampered marketings and
trimmed gains of outside livestock. Beef
rib and loin cut prices soared. FBN

Dry Edible Beans
Bids on dry edible beans paid to
growers were mixed the past two weeks
with prices in Michigan lower for black
and navy beans while prices of those
varieties and others advanced in other
regions. Great northern and garbanzo
bean prices were unchanged.
Movement of beans mostly was on
contract. Railcars and containers for
shipping beans were becoming difficult
to locate, according to the USDA. FBN

Produce
Dec. 31 stocks of frozen, concentrated orange juice totaled 626,921,000 lbs,
down 18% from a year earlier, the USDA
said in its Cold Storage report.
Processing apple trading was moderate to active for limited offers in most
regions. Prices were steady with a firm
tone, especially for juice apples. FBN

RGANIC

intelligence
Sosland Publishing is teaming up
with Mercaris, an industry leader in
organic & non-GMO markets, to bring
you monthly prices and analysis of
key food-grade organic grain and
oilseed markets.
Want to know more about Mercaris?
46

Visit www.mercaris.com
Food Business News

038_FBN_February2_21.indd
MBN_Mercaris1.3_i.indd 1 46

February 2, 2021

1/29/2021
10/15/201811:09:46
8:49:30AM
AM


http://www.mercaris.com

Food Business News - February 2, 2021

Table of Contents for the Digital Edition of Food Business News - February 2, 2021

Food Business News - February 2, 2021 - 1
Food Business News - February 2, 2021 - 1
Food Business News - February 2, 2021 - 2
Food Business News - February 2, 2021 - 3
Food Business News - February 2, 2021 - 4
Food Business News - February 2, 2021 - 5
Food Business News - February 2, 2021 - 6
Food Business News - February 2, 2021 - 7
Food Business News - February 2, 2021 - 8
Food Business News - February 2, 2021 - 9
Food Business News - February 2, 2021 - 10
Food Business News - February 2, 2021 - 11
Food Business News - February 2, 2021 - 12
Food Business News - February 2, 2021 - 13
Food Business News - February 2, 2021 - 14
Food Business News - February 2, 2021 - 15
Food Business News - February 2, 2021 - 16
Food Business News - February 2, 2021 - 17
Food Business News - February 2, 2021 - 18
Food Business News - February 2, 2021 - 19
Food Business News - February 2, 2021 - 20
Food Business News - February 2, 2021 - 21
Food Business News - February 2, 2021 - 22
Food Business News - February 2, 2021 - 23
Food Business News - February 2, 2021 - 24
Food Business News - February 2, 2021 - 25
Food Business News - February 2, 2021 - 26
Food Business News - February 2, 2021 - 27
Food Business News - February 2, 2021 - 28
Food Business News - February 2, 2021 - 29
Food Business News - February 2, 2021 - 30
Food Business News - February 2, 2021 - 31
Food Business News - February 2, 2021 - 32
Food Business News - February 2, 2021 - 33
Food Business News - February 2, 2021 - 34
Food Business News - February 2, 2021 - 35
Food Business News - February 2, 2021 - 36
Food Business News - February 2, 2021 - 37
Food Business News - February 2, 2021 - 38
Food Business News - February 2, 2021 - 39
Food Business News - February 2, 2021 - 40
Food Business News - February 2, 2021 - 41
Food Business News - February 2, 2021 - 42
Food Business News - February 2, 2021 - 43
Food Business News - February 2, 2021 - 44
Food Business News - February 2, 2021 - 45
Food Business News - February 2, 2021 - 46
Food Business News - February 2, 2021 - 47
Food Business News - February 2, 2021 - 48
Food Business News - February 2, 2021 - 49
Food Business News - February 2, 2021 - 50
Food Business News - February 2, 2021 - 51
Food Business News - February 2, 2021 - 52
Food Business News - February 2, 2021 - 53
Food Business News - February 2, 2021 - 54
Food Business News - February 2, 2021 - 55
Food Business News - February 2, 2021 - 56
http://digital.foodbusinessnews.net/sosland/fbn/food-business-news-march-30-2021
http://digital.foodbusinessnews.net/sosland/fbn/food-business-news-march-16-2021
http://digital.foodbusinessnews.net/sosland/fbn/food-business-news-march-3-2021
http://digital.foodbusinessnews.net/sosland/fbn/food-business-news-february-16-2021
http://digital.foodbusinessnews.net/sosland/fbn/food-business-news-february-2-2021
http://digital.foodbusinessnews.net/sosland/fbn/2021_01_19
http://digital.foodbusinessnews.net/sosland/fbn/2021_01_05
http://digital.foodbusinessnews.net/sosland/fbn/2020_12_22
http://digital.foodbusinessnews.net/sosland/fbn/2020_12_08
http://digital.foodbusinessnews.net/sosland/fbn/2020_11_24
http://digital.foodbusinessnews.net/sosland/fbn/2020_11_10
http://digital.foodbusinessnews.net/sosland/fbn/2020_10_27
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http://digital.foodbusinessnews.net/sosland/fbn/2020_09_29
http://digital.foodbusinessnews.net/sosland/fbn/2020_09_15
http://digital.foodbusinessnews.net/sosland/fbn/2020_09_01
http://digital.foodbusinessnews.net/sosland/fbn/2020_08_18
http://digital.foodbusinessnews.net/sosland/fbn/2020_08_04
http://digital.foodbusinessnews.net/sosland/fbn/2020_07_21
http://digital.foodbusinessnews.net/sosland/fbn/2020_07_07
http://digital.foodbusinessnews.net/sosland/fbn/2020_06_23
http://digital.foodbusinessnews.net/sosland/fbn/2020_06_09
http://digital.foodbusinessnews.net/sosland/fbn/2020_05_26
http://digital.foodbusinessnews.net/sosland/fbn/2020_05_12
http://digital.foodbusinessnews.net/sosland/fbn/2020_04_28
http://digital.foodbusinessnews.net/sosland/fbn/2020_04_14
http://digital.foodbusinessnews.net/sosland/fbn/2020_03_31
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http://digital.foodbusinessnews.net/sosland/fbn/2020_03_03
http://digital.foodbusinessnews.net/sosland/fbn/2020_02_18
http://digital.foodbusinessnews.net/sosland/fbn/2020_02_04
http://digital.foodbusinessnews.net/sosland/fbn/2020_01_21
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http://digital.foodbusinessnews.net/sosland/fbn/2019_12_24
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http://digital.foodbusinessnews.net/sosland/fbn/2019_10_01
http://digital.foodbusinessnews.net/sosland/fbn/2019_09_17
http://digital.foodbusinessnews.net/sosland/fbn/2019_09_03
http://digital.foodbusinessnews.net/sosland/fbn/2019_08_20
http://digital.foodbusinessnews.net/sosland/fbn/2019_08_06
http://digital.foodbusinessnews.net/sosland/fbn/2019_07_23
http://digital.foodbusinessnews.net/sosland/fbn/2019_07_09
http://digital.foodbusinessnews.net/sosland/fbn/2019_06_25
http://digital.foodbusinessnews.net/sosland/fbn/2019_06_11
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http://digital.foodbusinessnews.net/sosland/fbn/2019_05_14
http://digital.foodbusinessnews.net/sosland/fbn/2019_04_30
http://digital.foodbusinessnews.net/sosland/fbn/2019_04_16
http://digital.foodbusinessnews.net/sosland/fbn/2019_04_02
http://digital.foodbusinessnews.net/sosland/fbn/2019_03_19
http://digital.foodbusinessnews.net/sosland/fbn/2019_03_05
http://digital.foodbusinessnews.net/sosland/fbn/2019_02_19
http://digital.foodbusinessnews.net/sosland/fbn/2019_02_05
http://digital.foodbusinessnews.net/sosland/fbn/2019_01_22
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http://digital.foodbusinessnews.net/sosland/fbn/2018_12_25
http://digital.foodbusinessnews.net/sosland/fbn/2018_12_11
http://digital.foodbusinessnews.net/sosland/fbn/2018_11_27
http://digital.foodbusinessnews.net/sosland/fbn/2018_11_13
http://digital.foodbusinessnews.net/sosland/fbn/2018_10_30
http://digital.foodbusinessnews.net/sosland/fbn/2018_10_16
http://digital.foodbusinessnews.net/sosland/fbn/2018_10_02
http://digital.foodbusinessnews.net/sosland/fbn/2018_09_18
http://digital.foodbusinessnews.net/sosland/fbn/2018_09_04
http://digital.foodbusinessnews.net/sosland/fbn/2018_08_21
http://digital.foodbusinessnews.net/sosland/fbn/2018_08_07
http://digital.foodbusinessnews.net/sosland/fbn/2018_07_24
http://digital.foodbusinessnews.net/sosland/fbn/2018_07_10
http://digital.foodbusinessnews.net/sosland/fbn/2018_06_26
http://digital.foodbusinessnews.net/sosland/fbn/2018_06_12
http://digital.foodbusinessnews.net/sosland/fbn/2018_05_29
http://digital.foodbusinessnews.net/sosland/fbn/2018_05_15
http://digital.foodbusinessnews.net/sosland/fbn/2018_05_01
http://digital.foodbusinessnews.net/sosland/fbn/2018_04_17
http://digital.foodbusinessnews.net/sosland/fbn/fbn_2018_04_03
http://digital.foodbusinessnews.net/sosland/fbn/2018_03_20
https://www.nxtbook.com/sosland/fbn/2018_03_06
https://www.nxtbook.com/sosland/fbn/2018_02_20
https://www.nxtbook.com/sosland/fbn/2018_02_06
https://www.nxtbook.com/sosland/fbn/2018_01_23
https://www.nxtbook.com/sosland/fbn/2018_01_09
https://www.nxtbook.com/sosland/fbn/2017_12_26
https://www.nxtbook.com/sosland/fbn/2017_12_12
https://www.nxtbook.com/sosland/fbn/2017_11_28
https://www.nxtbook.com/sosland/fbn/2017_11_14
https://www.nxtbook.com/sosland/fbn/2017_10_31
https://www.nxtbook.com/sosland/fbn/2017_10_17
https://www.nxtbook.com/sosland/fbn/2017_10_03
https://www.nxtbook.com/sosland/fbn/2017_09_19
https://www.nxtbook.com/sosland/fbn/2017_09_05
https://www.nxtbook.com/sosland/fbn/2017_08_22
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https://www.nxtbook.com/sosland/fbn/2017_07_11
https://www.nxtbook.com/sosland/fbn/2017_06_27
https://www.nxtbook.com/sosland/fbn/2017_06_13
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https://www.nxtbook.com/sosland/fbn/2016_12_27
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https://www.nxtbook.com/sosland/fbn/2016_02_23
https://www.nxtbook.com/sosland/fbn/2016_02_09
https://www.nxtbook.com/sosland/fbn/2016_01_26
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https://www.nxtbook.com/sosland/fbn/2015_12_29
https://www.nxtbook.com/sosland/fbn/2015_12_15
https://www.nxtbook.com/sosland/fbn/2015_12_01
https://www.nxtbook.com/sosland/fbn/2015_11_17
https://www.nxtbook.com/sosland/fbn/2015_11_03
https://www.nxtbook.com/sosland/fbn/2015_10_20
https://www.nxtbook.com/sosland/fbn/2015_10_06
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https://www.nxtbook.com/sosland/fbn/2014_12_16
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https://www.nxtbook.com/sosland/fbn/2014_09_23
https://www.nxtbook.com/sosland/fbn/2014_09_09
https://www.nxtbook.com/sosland/fbn/2014_08_26
https://www.nxtbook.com/sosland/fbn/2014_08_12
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https://www.nxtbook.com/sosland/fbn/2014_07_15
https://www.nxtbook.com/sosland/fbn/2014_07_01
https://www.nxtbook.com/sosland/fbn/2014_06_17
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https://www.nxtbook.com/sosland/fbn/2014_04_08
https://www.nxtbook.com/sosland/fbn/2014_03_25
https://www.nxtbook.com/sosland/fbn/2014_03_11
https://www.nxtbook.com/sosland/fbn/2014_02_25
https://www.nxtbook.com/sosland/fbn/2014_02_11
https://www.nxtbook.com/sosland/fbn/2014_01_28
https://www.nxtbook.com/sosland/fbn/2014_01_14
https://www.nxtbook.com/sosland/fbn/2013_12_31
https://www.nxtbook.com/sosland/fbn/2013_12_17
https://www.nxtbook.com/sosland/fbn/2013_12_03
http://digital.foodbusinessnews.net/sosland/fbn/2013_11_19
http://digital.foodbusinessnews.net/sosland/fbn/2013_11_05
http://digital.foodbusinessnews.net/sosland/fbn/2013_10_22
http://digital.foodbusinessnews.net/sosland/fbn/2013_10_08
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http://digital.foodbusinessnews.net/sosland/fbn/2013_09_10
http://digital.foodbusinessnews.net/sosland/fbn/2013_08_27
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