Christian Harris

〽️Update on the US Egg Market and Avian Influenza: - Avian Influenza has not impacted a major layer operation since early October. - Virus remains present across the country but has spared layers operations. - Industry is unsure how or why layers have stayed out of the path. - This has allowed production to recover. - Expansions have also added to the total layer population. - USDA reporting 302.85MM layers as of December 1st, following gov. shutdown. - Layer numbers appear under-reported, given market conditions. - Markets have collapsed, reaching the lowest levels since summer 2023. - 1st of the year inventory levels are the 2nd highest in the last decade. - Retail prices have been slow to follow wholesale benchmarks. - Exports, which typically account for about 3-4% of production, are limited. - Foodservice demand is slow, with limited promotional activity. - Seasonal holiday schedules slowed manufacturing and product needs. - Further processors have built substantial shell egg inventories. - Liquid prices nearing 5-year lows. - Inventories of frozen and dried products are rapidly increasing. - Supply is clearly outweighing demand, odd given the reported flock size. - The US population has been affected by deportation. - Est. 2mm people out of the country. - Lower prices should generate aggressive retail promotion and price adjustments. - Additional layer growth could keep pressure on the market. - HPAI will remain a catalyst. (2025 Jan-March - peak of the outbreak) Hoped everyone enjoyed their holiday season and have a great start to the New Year! #eggs #commoditymarkets #HPAI

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Smithfield Foods expects its fresh pork segment to swing to an adjusted operating loss of US$70 million to US$90 million in the third quarter, as lower hog prices and a narrowing industry market spread pressure margins.  https://lnkd.in/dVQcpRJw #pork #porkindustry #financials #meat #foodindustry #foodbusiness

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Everyone wants reliable beef supply. The real question is who’s willing to build the systems, partnerships, and processes that make it possible. In today’s protein landscape, consistent supply has become one of the most valuable and most complex advantages in the industry. Domestic herd cycles, unpredictable weather, and shifting trade dynamics have made reliability harder to achieve. The most resilient supply chains are no longer just regional. They are diversified, data-driven, and globally aligned. Supply assurance begins long before an order is placed. It is built through disciplined forecasting, smart sourcing across hemispheres, and alignment between production capacity and customer demand. Regions with strong traceability systems, transparent animal welfare standards, and year-round production offer the kind of predictability that keeps businesses moving even when markets tighten. Consistency also depends on what happens after the product leaves the plant. Cold chain integrity, documentation at every transfer point, and local support determine whether that reliability holds through to the end user. When these systems work together from paddock to port, the result is confidence in every shipment. Global sourcing, when done right, is not about finding the cheapest option. It is about building dependable access to quality beef, every time. Read the full article for a closer look at how integrated supply models are helping the industry stay steady in uncertain times. (Link in comments) #BeefIndustry #GlobalSupplyChain #FoodSupply #ProteinIndustry #GlobalTrade

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Boxed beef prices were higher today! Margins increasing for wholesale buyers along the supply chain with the precipitous drop in feeder and fed cattle futures while prices are higher for consumers… Futures and options trading involves risk of loss and may not be suitable for all investors. Full Disclaimer: https://lnkd.in/gqnX7ySn

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