This week, the USDA released its dairy cold storage data, and David Maloni, ArrowStream economist, noted that the news was generally favorable.
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Rising labor costs aren’t only a concern for foodservice operators, they’re also a concern for the industry’s supply chain. David Maloni, ArrowStream economist, noted that food manufacturing wages have been on the rise as well, climbing an average of 3 percent annually during the last five years.
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Topics: Market Intelligence
Despite some recent slowing in restaurant sales, growth in 2019 for the industry as a whole has been good. However, rising labor costs continue to be a major concern for the industry.
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David Maloni, ArrowStream's economist, noted this week that chicken wing prices haven’t rallied as they usually do this time of year.
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Topics: Market Intelligence
David Maloni, ArrowStream commodity expert, stated this week that domestic lean beef trim prices have been resilient the last few weeks. What's the cause?
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Topics: Market Intelligence
Cheese prices continue to rise with both blocks and barrels reaching fresh multi-year highs this week.
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Topics: Market Intelligence
ArrowStream's supply chain and commodities experts, Jeff Dorr and David Maloni, will present at Revelry Group's Financial Leadership Exchange (FLEX) September 15-18, 2019, in Sun Valley, ID.
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Topics: News
The USDA projects the total net farm income to rise to $88 billion this year. ArrowStream's commodity expert, David Maloni, noted that this would be $4 billion more than the previous year and the highest since 2014.
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Topics: Market Intelligence
ArrowStream commodity expert David Maloni noted the August 1st U.S. cattle-on-feed inventory was just 0.2 percent larger than last year with placements into feedlots in July 2.1 percent lower vs. 2018. Maloni explains why this is significant and what the projection models show for beef supplies:
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Topics: Market Intelligence, Strategic Sourcing