Where are the savings? Summertime switches to frozen while everyone is thinking fresh? And a market opportunity for Beef Top Sirloin Butt Steak.
This week brought a huge spike in average Wholesale prices, but we haven’t seen the typical increase in excess inventory and fresh to frozen that tend to follow these spikes. Except in Beef Top Sirloin Butt Steak and Ground Beef. If you use these products and can handle slacking out product, definitely worth checking out.
We also continue to see deals between different brands, probably due to manufacturers trying to manage with their own volatility and challenges. Hopefully, some of them are the right fit for you! We save you the time of searching and point you towards the best deals out there this week. You can decide if it is the right fit for you.
We also know that you don’t always want to change your main vendor. All of the opportunities below are from within single distributors! So here are the deals this week:
tl;dr
· Less Fresh to Frozen and Frozen deals this week, but some great ones on Ground Beef and Beef Top Sirloin Butt Steak. If this works for you, definitely worth checking out on the protein and cheese products that are hitting you the hardest where we are still seeing consistent deals on Branded products.
· You can find deals of 36%-44% from single vendors with similar opportunities across vendors (35%-44%). There are plenty of good deals staying with your regular vendor.
· Fewer Cash and Carry savings this week (41%). If you have some items that are hitting your bottom line particularly hard and have some flexible labor, you may want to check out your local Cash and Carry. But otherwise likely not worth it.
Brand
Lots of deals this week were on similar products from different brands. Keeping most attributes consistent, there definitely are trends in several product categories where you can find better deals with some brands than others. Here are the average percent savings on a cost per weight basis we are seeing right now:
| Category | Discount |
|---|---|
| Egg Shell Large White AA | 42% |
| Cheese American Loaf Yellow | 24% |
| Pepper Red Bell | 22% |
| Chicken Breast 4 oz Boneless Skinless Single Lobe | 18% |
| Flour H&R Bleached | 17% |
| Bacon Applewood Smoked 13-17 Sliced Wide Shingle | 17% |
| Beef Ground Patty 3x1 | 17% |
| Flank Steak Choice | 16% |
| Chicken Breast Strips Pre-Cooked | 15% |
| Cheese Cheddar Mild Shredded | 10% |
Frozen
Discounts for switching from Fresh to Frozen continue to be significantly larger than other savings opportunities. If a frozen option works for you, this can be an excellent opportunity to get your normal fresh product at a huge discount. It’s a timely summertime discount as many buyers look for fresh products while manufacturers look to clear out frozen inventory ahead of the next harvest. Frozen product can last longer in your freezer and also give you a buffer with uncertain traffic.
| Category | Discount |
|---|---|
| Ground Beef Bulk 80/20 Fresh to Frozen | 80% |
| Cheese Cheddar Shredded Fancy Fresh to Frozen | 65% |
| Salmon Atlantic 6 oz Filet Boneless Skinless Imported Frozen | 52% |
| Beef Steak T-Bone CAB Frozen | 31% |
| Beef Top Sirloin Butt Steak Fresh to Frozen | 15% - 20% |
Odds & Ends
There are often price differences when there are different attributes with similar products. The grade, size, source, and a long list of others impact the price. You made decisions on what you would source when you first decided on the menu item, but how often can you check what is going on with prices now? Can you make a slight adjustment to save money without negatively affecting the end dish? Here are some of the products you may want to look at your options this week:
| Category | Discount |
|---|---|
| Potato Fingerling Yellow (local) vs Purple | 60% |
| Chicken Wing 1 & 2 Disjoined All Natural Limited Quantity | 45% |
| Tomato Grape vs Cherry | 24% - 34% |
| Beef Ground Wagyu 80/20 Frozen Australian vs Domestic | 33% |
| Mahi-Mahi 1-3 oz Medallion vs 4 oz piece | 30% (You can serve the same amount, just different presentation) |
| Yellow Onion Medium vs Jumbo | 25% |
| Apple Fuji 88 ct vs 125/88 ct | 17% |
Remember, this is all based on normalized price per weight comparison.