Milling & Baking News - May 19, 2020 - 39

Ingredient Week

Egg Products
Liquid egg prices that plunged to record
lows in late April nearly doubled last week
and were up 150% to 180% in the past two
weeks. Price gains mostly were attributed
to renewed buying interest, albeit modest,
from the foodservice sector.
"There's been a little bit of an awakening," one Midwest egg processor said.
"Users who have been silent the last four
to eight weeks are starting to place orders. Processors aren't so desperate to sell
whole egg." As a result, some processors
who had reduced hours were resuming
regular 40-hour schedules.
Liquid whole egg prices plunged 80%
from March 20 to April 24, pulling frozen
whole egg down 60% and dried whole
down a modest 7% during the same time.
Liquid whole egg typically is the first to
respond to changes in egg prices, which
soared to record highs at the onset of the
shelter-at-home period when consumers
cleaned out grocery shelves only to plunge
when supplies became readily available at
the same time as buying slowed. Excess retail eggs then were channeled to breakers,
resulting in excess liquid about the same
time as the foodservice business dried up.

A combination of reduced egg supplies, in part due to flock culling, and
increased demand as restaurants gradually reopen provided a boost to the
whole egg product market. Egg prices
also moved higher.
Trade sources noted that the increase
in foodservice demand was quite modest, but also quite evident. At the same
time, retail sales have continued to slow
due in part to purchase limits implemented by retailers. MBN

Cocoa
Cocoa powder prices were unchanged
in steady but quiet trading last week. As
with other markets, cocoa, chocolate in
particular, faces uncertain demand because
of the coronavirus. After nearly flat global
cocoa bean grind in the first quarter, many
expected demand erosion because of shelter-at-home rules during the pandemic.
New York cocoa bean futures were
lower with May going off the board May
13 at $2,474 per tonne.
Cocoa bean arrivals for export at Ivory
Coast ports totaled 1.784 million tonnes
from Oct. 1 to May 10, down 5.7% from
a year earlier, according to exporters. MBN

Liquid whole egg

I.C.E. cocoa futures

pasteurized, f.o.b., $ per lb

Nearby contract, per tonne

$0.70

$3,000

$0.60

$2,800

$0.50

$2,600

$0.40

Egg products
- Change from - Year
Eggs
May 15
May 8 May 1
ago
Delivered, cents per dozen (multiply by 30 for case price)
Nest runs
28.00 @ 30.00 +12.00 +16.00 17.00
Checks
17.00 @ 22.00 +11.00 +13.00
2.00
Grade A, Large 87.50 @ 102.50 -2.00
-2.00
43.50
Grade A, Med. 61.50 @ 69.50
+5.00 +13.00 42.50
Dried products - f.o.b. plant, $ per lb
Whole
2.10 @ 2.20
+.05
Whites
4.85 @ 4.95
-
Yolks
2.15 @ 2.25
-
Blends
(+ sweetener)
...
...

+.05
-
-

2.40
5.05
2.35

...

...

Frozen products - less than truckload, f.o.b., $ per lb
Whole
0.40 @ 0.50
+.08
+.10
Whites
0.58 @ 0.61
-
-
Sugared yolks 0.94 @ 0.97
-
-
Salted yolks
0.94 @ 0.97
-
-

0.53
0.66
1.00
1.00

Liquid products - pasteurized, f.o.b., $ per lb
Whole
0.31 @ 0.33
+.16
+.20
Whites
0.40 @ 0.42
-
-
Yolks
0.69 @ 0.71
-
-

0.28
0.37
0.75

Cocoa
$ per lb
- Change from -
Ratios (East coast) May 15
May 8 May 1
Butterfat ratio N.Y.
2.45
-
-
Cake ratio N.Y.
.74
-
-
Powder ratio N.Y. .83 @ .92
+.01
+.01

Year
ago
2.48
.62
.79

Cocoa Powder (East coast points) - $ per lb
10-12% Natural
.90 @ 1.00
-
10-12% Alkalized 1.00 @ 1.10
-
Red alkalized
1.05 @ 1.15
-
Black alkalized 1.35 @ 1.45
-
16-18% Natural 1.10 @ 1.20
-
22-24% Natural 1.15 @ 1.25
-

-
-
-
-
-
-

.85
.92
.96
1.37
1.05
1.10

I.C.E. Cocoa Futures - $ per tonne
July
2,399
September
2,375
December
2,321

-3
-3
-25

2,353
2,354
2,354

$2,400

$0.30
$0.20

$2,200

$0.10
M

A

N

F

$2,000
M

A

N

F

-1
-1
-5

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Milling & Baking News - May 19, 2020

Table of Contents for the Digital Edition of Milling & Baking News - May 19, 2020

Milling & Baking News - May 19, 2020 - 1
Milling & Baking News - May 19, 2020 - 1
Milling & Baking News - May 19, 2020 - 2
Milling & Baking News - May 19, 2020 - 3
Milling & Baking News - May 19, 2020 - 4
Milling & Baking News - May 19, 2020 - 5
Milling & Baking News - May 19, 2020 - 6
Milling & Baking News - May 19, 2020 - 7
Milling & Baking News - May 19, 2020 - 8
Milling & Baking News - May 19, 2020 - 9
Milling & Baking News - May 19, 2020 - 10
Milling & Baking News - May 19, 2020 - 11
Milling & Baking News - May 19, 2020 - 12
Milling & Baking News - May 19, 2020 - 13
Milling & Baking News - May 19, 2020 - 14
Milling & Baking News - May 19, 2020 - 15
Milling & Baking News - May 19, 2020 - 16
Milling & Baking News - May 19, 2020 - 17
Milling & Baking News - May 19, 2020 - 18
Milling & Baking News - May 19, 2020 - 19
Milling & Baking News - May 19, 2020 - 20
Milling & Baking News - May 19, 2020 - 21
Milling & Baking News - May 19, 2020 - 22
Milling & Baking News - May 19, 2020 - 23
Milling & Baking News - May 19, 2020 - 24
Milling & Baking News - May 19, 2020 - 25
Milling & Baking News - May 19, 2020 - 26
Milling & Baking News - May 19, 2020 - 27
Milling & Baking News - May 19, 2020 - 28
Milling & Baking News - May 19, 2020 - 29
Milling & Baking News - May 19, 2020 - 30
Milling & Baking News - May 19, 2020 - 31
Milling & Baking News - May 19, 2020 - 32
Milling & Baking News - May 19, 2020 - 33
Milling & Baking News - May 19, 2020 - 34
Milling & Baking News - May 19, 2020 - 35
Milling & Baking News - May 19, 2020 - 36
Milling & Baking News - May 19, 2020 - 37
Milling & Baking News - May 19, 2020 - 38
Milling & Baking News - May 19, 2020 - 39
Milling & Baking News - May 19, 2020 - 40
Milling & Baking News - May 19, 2020 - 41
Milling & Baking News - May 19, 2020 - 42
Milling & Baking News - May 19, 2020 - 43
Milling & Baking News - May 19, 2020 - 44
Milling & Baking News - May 19, 2020 - 45
Milling & Baking News - May 19, 2020 - 46
Milling & Baking News - May 19, 2020 - 47
Milling & Baking News - May 19, 2020 - 48
https://www.nxtbook.com/sosland/mbn/2020_05_19
https://www.nxtbook.com/sosland/mbn/2020_05_05
https://www.nxtbook.com/sosland/mbn/2020_04_21
https://www.nxtbook.com/sosland/mbn/2020_04_07
https://www.nxtbook.com/sosland/mbn/2020_03_24
https://www.nxtbook.com/sosland/mbn/2020_03_10
https://www.nxtbook.com/sosland/mbn/2020_02_25
https://www.nxtbook.com/sosland/mbn/2020_02_11
https://www.nxtbook.com/sosland/mbn/2020_01_28
https://www.nxtbook.com/sosland/mbn/2020_01_14
https://www.nxtbook.com/sosland/mbn/2019_12_31
https://www.nxtbook.com/sosland/mbn/2019_12_17
https://www.nxtbook.com/sosland/mbn/2019_12_03
https://www.nxtbook.com/sosland/mbn/2019_11_19
https://www.nxtbook.com/sosland/mbn/2019_11_05
https://www.nxtbook.com/sosland/mbn/2019_10_22
https://www.nxtbook.com/sosland/mbn/2019_10_08
https://www.nxtbook.com/sosland/mbn/2019_09_24
https://www.nxtbook.com/sosland/mbn/2019_09_10
https://www.nxtbook.com/sosland/mbn/2019_08_27
https://www.nxtbook.com/sosland/mbn/2019_08_13
https://www.nxtbook.com/sosland/mbn/2019_07_30
https://www.nxtbook.com/sosland/mbn/2019_07_16
https://www.nxtbook.com/sosland/mbn/2019_07_02
https://www.nxtbook.com/sosland/mbn/2019_06_18
https://www.nxtbook.com/sosland/mbn/2019_06_04
https://www.nxtbook.com/sosland/mbn/2019_05_21
https://www.nxtbook.com/sosland/mbn/2019_05_07
https://www.nxtbook.com/sosland/mbn/2019_04_23
https://www.nxtbook.com/sosland/mbn/2019_04_09
https://www.nxtbook.com/sosland/mbn/2019_03_26
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_03_12
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_02_26
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_02_12
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_01_29
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_01_15
http://digitalmbn.bakingbusiness.com/sosland/mbn/2019_01_01
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_12_18
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_12_04
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_11_20
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_11_06
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_10_23
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_10_09
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_09_25
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_09_11
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_08_24
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_08_14
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_07_31
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_07_17
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_07_03
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_06_19
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_06_05
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_05_22
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_05_08
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_04_24
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_04_10
http://digitalmbn.bakingbusiness.com/sosland/mbn/2018_03_27
https://www.nxtbook.com/sosland/mbn/2018_03_13
https://www.nxtbook.com/sosland/mbn/2018_02_27
https://www.nxtbook.com/sosland/mbn/2018_02_13
https://www.nxtbook.com/sosland/mbn/2018_01_30
https://www.nxtbook.com/sosland/mbn/2018_01_16
https://www.nxtbook.com/sosland/mbn/2018_01_02
https://www.nxtbook.com/sosland/mbn/2017_12_19
https://www.nxtbook.com/sosland/mbn/2017_12_05
https://www.nxtbook.com/sosland/mbn/2017_11_21
https://www.nxtbook.com/sosland/mbn/2017_11_07
https://www.nxtbook.com/sosland/mbn/2017_10_24
https://www.nxtbook.com/sosland/mbn/2017_10_10
https://www.nxtbook.com/sosland/mbn/2017_09_26
https://www.nxtbook.com/sosland/mbn/2017_09_12
https://www.nxtbook.com/sosland/mbn/2017_08_29
https://www.nxtbook.com/sosland/mbn/2017_08_15
https://www.nxtbook.com/sosland/mbn/2017_08_01
https://www.nxtbook.com/sosland/mbn/2017_07_18
https://www.nxtbook.com/sosland/mbn/2017_07_04
https://www.nxtbook.com/sosland/mbn/2017_06_20
https://www.nxtbook.com/sosland/mbn/2017_06_06
https://www.nxtbook.com/sosland/mbn/2017_05_23
https://www.nxtbook.com/sosland/mbn/2017_05_09
https://www.nxtbook.com/sosland/mbn/2017_04_25
https://www.nxtbook.com/sosland/mbn/2017_04_11
https://www.nxtbook.com/sosland/mbn/2017_03_28
https://www.nxtbook.com/sosland/mbn/2017_03_14
https://www.nxtbook.com/sosland/mbn/2017_02_28
https://www.nxtbook.com/sosland/mbn/2017_02_14
https://www.nxtbook.com/sosland/mbn/2017_01_31
https://www.nxtbook.com/sosland/mbn/2017_01_17
https://www.nxtbook.com/sosland/mbn/2017_01_03
https://www.nxtbook.com/sosland/mbn/2016_12_20
https://www.nxtbook.com/sosland/mbn/2016_12_06
https://www.nxtbook.com/sosland/mbn/2016_11_22
https://www.nxtbook.com/sosland/mbn/2016_11_08
https://www.nxtbook.com/sosland/mbn/2016_10_25
https://www.nxtbook.com/sosland/mbn/2016_10_11
https://www.nxtbook.com/sosland/mbn/2016_09_27
https://www.nxtbook.com/sosland/mbn/2016_09_13
https://www.nxtbook.com/sosland/mbn/2016_08_30
https://www.nxtbook.com/sosland/mbn/2016_08_16
https://www.nxtbook.com/sosland/mbn/2016_08_02
https://www.nxtbook.com/sosland/mbn/2016_07_19
https://www.nxtbook.com/sosland/mbn/2016_07_05
https://www.nxtbook.com/sosland/mbn/2016_06_21
https://www.nxtbook.com/sosland/mbn/2016_06_07
https://www.nxtbook.com/sosland/mbn/2016_05_24
https://www.nxtbook.com/sosland/mbn/2016_05_10
https://www.nxtbook.com/sosland/mbn/2016_04_26
https://www.nxtbook.com/sosland/mbn/2016_04_12
https://www.nxtbook.com/sosland/mbn/2016_03_29
https://www.nxtbook.com/sosland/mbn/2016_03_15
https://www.nxtbook.com/sosland/mbn/2016_03_01
https://www.nxtbook.com/sosland/mbn/2016_02_16
https://www.nxtbook.com/sosland/mbn/2016_02_02
https://www.nxtbook.com/sosland/mbn/2016_01_19
https://www.nxtbook.com/sosland/mbn/2016_01_05
https://www.nxtbook.com/sosland/mbn/2015_12_22
https://www.nxtbook.com/sosland/mbn/2015_12_08
https://www.nxtbook.com/sosland/mbn/2015_11_24
https://www.nxtbook.com/sosland/mbn/2015_11_10
https://www.nxtbook.com/sosland/mbn/2015_10_27
https://www.nxtbook.com/sosland/mbn/2015_10_13
https://www.nxtbook.com/sosland/mbn/2015_09_29
https://www.nxtbook.com/sosland/mbn/2015_09_15
https://www.nxtbook.com/sosland/mbn/2015_09_01
https://www.nxtbook.com/sosland/mbn/2015_08_18
https://www.nxtbook.com/sosland/mbn/2015_08_04
https://www.nxtbook.com/sosland/mbn/2015_07_21
https://www.nxtbook.com/sosland/mbn/2015_07_07
https://www.nxtbook.com/sosland/mbn/2015_06_23
https://www.nxtbook.com/sosland/mbn/2015_06_09
https://www.nxtbook.com/sosland/mbn/2015_05_26
https://www.nxtbook.com/sosland/mbn/2015_05_12
https://www.nxtbook.com/sosland/mbn/2015_04_28
https://www.nxtbook.com/sosland/mbn/2015_04_014
https://www.nxtbook.com/sosland/mbn/2015_03_31
https://www.nxtbook.com/sosland/mbn/2015_03_17
https://www.nxtbook.com/sosland/mbn/mbn/2015_03__03
https://www.nxtbook.com/sosland/mbn/2015_02_17
https://www.nxtbook.com/sosland/mbn/2015_02_03
https://www.nxtbook.com/sosland/mbn/2015_01_20
https://www.nxtbook.com/sosland/mbn/2015_01_06
https://www.nxtbook.com/sosland/mbn/2014_12_23
https://www.nxtbook.com/sosland/mbn/2014_12_09
https://www.nxtbook.com/sosland/mbn/mbn_2014_11_25
https://www.nxtbook.com/sosland/mbn/2014_11_11
https://www.nxtbook.com/sosland/mbn/2014_10_28
https://www.nxtbook.com/sosland/mbn/2014_10_14
https://www.nxtbook.com/sosland/mbn/2014_09_30
https://www.nxtbook.com/sosland/mbn/2014_09_16
https://www.nxtbook.com/sosland/mbn/2014_09_02
https://www.nxtbook.com/sosland/mbn/214_08_19
https://www.nxtbook.com/sosland/mbn/2014_08_01
https://www.nxtbook.com/sosland/mbn/2014_07_22
https://www.nxtbook.com/sosland/mbn/2014_07_08
https://www.nxtbook.com/sosland/mbn/2014_06_24
https://www.nxtbook.com/sosland/mbn/2014_06_10
https://www.nxtbook.com/sosland/mbn/2014_05_27
https://www.nxtbook.com/sosland/mbn/2014_05_13
https://www.nxtbook.com/sosland/mbn/2014_04_29
https://www.nxtbook.com/sosland/mbn/2014_04_15
https://www.nxtbook.com/sosland/mbn/2014_04_01
https://www.nxtbook.com/sosland/mbn/2014_03_18
https://www.nxtbook.com/sosland/mbn/2014_03_04
https://www.nxtbook.com/sosland/mbn/2014_02_18
https://www.nxtbook.com/sosland/mbn/2014_02_04
https://www.nxtbook.com/sosland/mbn/2014_01_21
https://www.nxtbook.com/sosland/mbn/2014_01_07
https://www.nxtbook.com/sosland/mbn/2013_12_24
https://www.nxtbook.com/sosland/mbn/2013_12_10
https://www.nxtbook.com/sosland/mbn/2013_11_26
https://www.nxtbook.com/sosland/mbn/2013_11_12
https://www.nxtbook.com/sosland/mbn/2013_10_29
https://www.nxtbook.com/sosland/mbn/2013_10_15
https://www.nxtbook.com/sosland/mbn/2013_10_01
https://www.nxtbook.com/sosland/mbn/2013_09_17
https://www.nxtbook.com/sosland/mbn/2013_09_03
https://www.nxtbook.com/sosland/mbn/2013_08_20
https://www.nxtbook.com/sosland/mbn/2013_08-06
https://www.nxtbook.com/sosland/mbn/2013_07_23
https://www.nxtbook.com/sosland/mbn/2013_07_09
https://www.nxtbook.com/sosland/mbn/2013_06_25
https://www.nxtbook.com/sosland/mbn/2013_06_11
https://www.nxtbook.com/sosland/mbn/2013_05_28
https://www.nxtbook.com/sosland/mbn/2013_05_14
https://www.nxtbook.com/sosland/mbn/2013_04_30
https://www.nxtbook.com/sosland/mbn/2013_04_16
https://www.nxtbook.com/sosland/mbn/2013_04_02
https://www.nxtbook.com/sosland/mbn/2013_03_19
https://www.nxtbook.com/sosland/mbn/2013_03_05
https://www.nxtbook.com/sosland/mbn/2013_02_19
https://www.nxtbook.com/sosland/mbn/2013_02_05
https://www.nxtbook.com/sosland/mbn/2013_01_22
https://www.nxtbook.com/sosland/mbn/2013_01_08
https://www.nxtbook.com/sosland/mbn/2012_12_25
https://www.nxtbook.com/sosland/mbn/2012_12_11
https://www.nxtbook.com/sosland/mbn/2012_11_27
https://www.nxtbook.com/sosland/mbn/2012_11_13
https://www.nxtbook.com/sosland/mbn/2012_10_30
https://www.nxtbook.com/sosland/mbn/2012_10_16
https://www.nxtbook.com/sosland/mbn/2012_10_02
https://www.nxtbook.com/sosland/mbn/2012_09_18
https://www.nxtbook.com/sosland/mbn/2012_09_04
https://www.nxtbook.com/sosland/mbn/2012_08_21
https://www.nxtbook.com/sosland/mbn/2012_08_07
https://www.nxtbook.com/sosland/mbn/2012_07_24
https://www.nxtbook.com/sosland/mbn/2012_07_10
https://www.nxtbook.com/sosland/mbn/2012_06_26
https://www.nxtbook.com/sosland/mbn/2012_06_12
https://www.nxtbook.com/sosland/mbn/2012_05_29
https://www.nxtbook.com/sosland/mbn/2012_05_15
https://www.nxtbook.com/sosland/mbn/2012_05_01
https://www.nxtbook.com/sosland/mbn/2012_04_17
https://www.nxtbook.com/sosland/mbn/2012_04_03
https://www.nxtbook.com/sosland/mbn/2012_03_20
https://www.nxtbook.com/sosland/mbn/2012_03_06
https://www.nxtbook.com/sosland/mbn/2012_02_21
https://www.nxtbook.com/sosland/mbn/2012_02_07
https://www.nxtbook.com/sosland/mbn/2012_01_24
https://www.nxtbook.com/sosland/mbn/2012_01_10
https://www.nxtbook.com/sosland/mbn/2011_12_27
https://www.nxtbook.com/sosland/mbn/2011_12_13
https://www.nxtbook.com/sosland/mbn/2011_11_29
https://www.nxtbook.com/sosland/mbn/2011_11_15
https://www.nxtbook.com/sosland/mbn/2011_11_01
https://www.nxtbook.com/sosland/mbn/2011_10_18
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