Market News. Market Report - Eggs. Amerifresh Produce Weekly Link. Cheese & Butter Market Update. Cal. Grain Market. Summary. Produce Market Update

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1 Click on the link below to view updates: Cheese & Butter Market Update Amerifresh Produce Weekly Link Market Report - Eggs Cal Grain Market Summary Produce Market Update Oil Market Watch USDA - Weekly Market Average Dairy Market Summary Market News

2 Egg Market Week of November 23, 2015 TONE: Retail demand good to very good. Supplies tight. Market firm. The regional egg markets are as follows: Northeast Midwest Southeast South Central Lg Md Source: Esbenshade, Inc.

3 SJ_GR850 St. Joseph, MO Thu Nov 19, 2015 USDA-MO Dept Ag Market News Daily National Grain Market Summary Grains all traded higher on Thursday mostly helped by a lower US dollar index. Export sales also improved over last week giving support to the grains along with buying interest. Wheat closed 3 3/4-7 cents higher. Corn traded 2-3 cents higher. Soybeans closed 1 1/4-2 1/4 cents higher. DATE CHANGE YEAR AGO TRUCK BIDS: 11/19/15 11/18/15 11/20/14 Wheat: Kansas City (HRW ORD) /2 up 3 3/ /4 Minneapolis /4 up 8 3/ /2 Portland (SWW) N/A n/c /4 St. Louis (SRW) up Corn, US No 2 Yellow: Kansas City /4 up 2 1/ /4 Minneapolis /4 up 2 1/ /4 So. Iowa / /4 up 3 1/ / /4 Omaha up Soybeans, US No 1 Yellow: Kansas City 8.70 up 2 1/ /2 Minneapolis 8.00 up 2 1/ /2 So. Iowa dn 1 3/4-up 1/ / /2 Cent. Il Processor up 1 1/4-2 1/ / /2 FUTURES: Kansas City (Dec) Wheat /2 up 3 3/ /4 Minneapolis (Dec) Wheat /4 up 8 3/ /2 Chicago (Dec) Wheat /4 up 7 3/ /4 Chicago (Dec) Corn /4 up 2 1/ /4 Chicago (Nov) Soybeans 8.60 up 2 1/ /2 *EXPORT BIDS: Barge bids out of the Port of New Orleans, or Rail out of the North Texas Gulf. Bids per bushel, except sorghum per cwt. US 1 HRW Wheat, Ord Protein: n/a n/a / /4 US 2 Soft Red Winter Wheat / /4 up 7 1/ / /4 US 2 Corn Barge / /4 up 2 1/2-3 1/ / /4 US 2 Sorghum Rail /2 up 31 1/4-4 1/ / /4 Barge / /4 up 4 1/4-4 1/ / /4 US 2 Yellow Soybeans Barge dn 3 3/4-2 1/ / /2 SOURCE: USDA- MO Dept OF Ag Market News Service, St. Joseph, MO Greg Harrison, Market Reporter (816) c glh 12:52:07 PM]

Produce Market Update Produce from the Ground Up For the week of: November 22 nd 2015 Bacon Veggie Skillet Ingredients 1.25 cup Mann's Veggie Power Blend 2 Tbsp Hot Chili Oil (ex.

Crema 1.25 cup Mexican crema Procedure yields 1.25 cups 1/4 cup Cayenne pepper 1. In a 1 quart work bowl; combine crema, cayenne pepper, 2 Tbsp Sriracha sauce and Sriracha sauce.

In a bowl whisk together eggs, water, and flour until smooth. 3. Add Mann s Power Veggie Slaw, bacon and salt; toss until ingredients are combined. 4.

6 minutes or until lightly golden brown. 5.

4 Produce Market Update Produce from the Ground Up For the week of: November 22 nd 2015 Bacon Veggie Skillet Ingredients 1.25 cup Mann's Veggie Power Blend 2 Tbsp Hot Chili Oil (ex. Dynasty) 2 Tbsp Prepared bacon, chopped 1/2 cup Eggs, whisked 1/2 tsp Salt 1/2 Tbsp Water 1 Tbsp Green onion, thinly sliced 1 Tbsp Flour 2 Tbsp Spicy Crema (sub recipe) Spicy Crema Sub Recipe: Spicy Crema 1.25 cup Mexican crema Procedure yields 1.25 cups 1/4 cup Cayenne pepper 1. In a 1 quart work bowl; combine crema, cayenne pepper, 2 Tbsp Sriracha sauce and Sriracha sauce. Mix thoroughly with a whisk. Hold refrigerated, up to 48 hours. Instructions: 1. Warm a 9-inch non-stick skillet (or cast-iron skillet) over medium-heat then add chili oil to coat the pan. 2. In a bowl whisk together eggs, water, and flour until smooth. 3. Add Mann s Power Veggie Slaw, bacon and salt; toss until ingredients are combined. 4. Pour vegetable-egg mixture into skillet and spread out to fit skillet. Cook on one side for 5-6 minutes or until lightly golden brown. 5. Once skillet is golden brown on one side, use a rubber spatula to lightly pull away the contents of pan from the sides of the pan, flip contents and transfer pan to oven for 5-8 minutes or until eggs are firm set. 6. When finished cooking transfer to plate (if using a cast-iron skillet leave in pan for added visual). 7. Drizzle with spicy crema and sprinkle with green onion. Serving options: For a breakfast application serve topped with a fried egg in a cast iron skillet. For a side application, serve topped with a grilled protein (i.e. chicken, steak, shrimp, etc.) The above recipe is from the Mann Packing

5 AVOCADO -- We are starting to see the supplies in the pipeline to the forward warehouses being filled subsequent to the past rains in Mexico. We are now into the new crop and are starting to see a more normal range of sizes, peaking on 48s and 60s. Limited volume on #2 fruit as quality is very good. This new crop fruit is lower in maturity and will take longer to ripen and not darken as much when ripen. Ripe fruit could still be green in color as the skin isn't mature enough for it to darken. Color is not an indication of ripeness, pressure is. BROCOLLI -- DEMAND EXCEEDS SUPPY. We expect to stay in this situation for another week or so. The cold and wet weather up north has brought supplies to a halt, while Yuma has yet to start. CARROTS -- Cooler weather in Bakersfield is slowing growth and the sizing and tonnage is dropping off. The percentage of jumbo size carrots is falling off and market is firming. CAULIFLOWER -- There is none, Industry Wide very Short!!! Cold, rainy weather over the past several weeks has slowed the growth and maturity of cauliflower. Expect very limited supplies over the next two weeks. CELERY --.Please be aware that the celery market continues to escalate, and quality is an issue. We hope to see some relief in the next week. LETTUCE -- How long do we wait, to have our orders cut by 50% / 80%?? Demand exceeds supplies. Escalated pricing is in effect on contract cartons and value added items. Production in Salinas is finished. Santa Maria is extremely limited. Huron has finished production. Yuma production is extremely limited. Seeder and light weights are the big issues in all the growing regions. Quality issues include small and irregular head size, lightweights, seeder, decay, puffiness, insect damage and internal burn. These defects are industry wide and will continue throughout the month. I have been unable to even obtain a direct market update, could not be more disappointed in a very long term supplier. LEAF LETTUCE / ROMAINE -- Supplies are expected to be below average this week on Romaine. We are expected to be on the lighter side the next few weeks. We are seeing shortages in product and price increases. The market is high on Leaf Lettuce as well; demand is strong and supplies are tight. Growers are transitioning from the Salinas Valley to Yuma. PEPPERS/CUCUMBERS/SQUASH -- Peppers -- We have good supplies on green bell peppers in Florida; the season in Georgia is past peak harvest volume. Late season production is on the decline in the Coachella Valley of California; prices will continue to trend higher. Green bells are available in Nogales, with the harvest volume expected to be in full swing post- Thanksgiving. Prices remain at the extreme for red bell peppers, with tight availability through next week and likely continuing through December. Cucumbers -- Expect high prices for two to three weeks. Sufficient supplies are being harvested in Central Florida, but low West Coast volume will shift demand and cause East Coast prices to climb

6 Zucchini & Yellow -- Markets continue to climb on both yellow and green squash with Georgia finished. Expect markets to continue to climb with availability being the cause until Shippers can get into their 2nd picks on fields. Quality remains good out of Florida, while west coast volumes are very limited. POTATOES -- Idaho - the carton market is slightly lower for norkotah and Burbank 70s and larger. Norkotah 80s and smaller are also slightly lower while Burbank 80's and smaller are steady. The volume deals on number-twos and the larger counts remain in both varieties. The quality for both has been good. ONIONS -- Because growers are shipping exclusively out of storage, supplies are meeting demand. Red onion pricing remains firm, while yellow and white onion pricing has softened some. Railcar availability and truck availability are plentiful. We do expect trucks to tighten up as low temperatures will prevent growers from shipping on flatbed trucks, which will increase demand on refrigerated equipment. Growers remain bullish on the long-term outlook on the market. Once demand does pick-up, we expect pricing to increase. TOMATOES -- Rounds: The market is steady. Weather continues to slow up production. Mexico seeing lower supplies and demand steady to slightly higher. Florida has more supplies and market a bit lower in the east. Quality is good. Cherry and Grape: The market has stabilized. Cherry, grape, and vine ripe supplies are nearing adequate levels. Harvesting will start in mainland Mexico in late November/early December. Despite recent rain on both coasts, quality is very good. Roma: Roma s are still active, supply is out of McAllen and Baja, and there is none out of Nogales. The market is higher. Supplies continue to be lower this week. Demand continues to be strong with upcoming holiday. Additional supplies available in Florida, but market is up as well. APPLES / PEARS -- Demand is very good as well as movement. There are still good buying opportunities for old crop 100 larger reds, demand stronger on 113 smaller, quality remains good. Export demand is very high and causing shortages on smaller sizes, all varieties. New crop Galas, Granny Smiths, Golden Delicious, Fuji s, and Honey crisp are now in good supply as well as Bartlett s, D Anjous, & Bosc pears. STRAWBERRIES -- Demand continues to exceed supply. Berries in the Salinas/Watsonville area are done for the season, sending all business south to Santa Maria and Oxnard. Santa Maria and Oxnard berry supplies are very short with rain and cool temps interrupting production and quality. Sizing remains small with counts averaging 25 to 30 per with some larger. Bruising, white shoulder, over ripe, and salmon color abound. CITRUS -- Lemons: Demand exceeds on smaller fruit, 165 and down. Demand remains very good. The Desert crop is 30% lighter in volume than last years. This crop is producing a larger proportion of fancy grade and is peaking on 140s and larger fruit, which is in good availability with market easing off a bit, but still leaving us in a demand exceed supplies on 165s and smaller fruit. Expect this shortage on smaller fruit to continue through January. Oranges: California Navel prices are inching down; volume is adequate. Sugar levels range from 11 to 13 Brix. Texas early season and Navel oranges are tight due to recent rain.

7 Limes: The lime market is higher on all of the sizes now. Hard rains in the last few days have temporarily disrupted harvesting in the growing area but current production should be back to normal by mid next week. Bigger fruit is the result of the rains. Holiday demand from Europe has started and they prefer smaller sized limes. The increased size of the fruit and increased demand is putting upward pressure on the small sized fruit. The overall quality is very good on the new crop. We continue to have good demand on limes. GRAPES -- Prices are elevated; growers are shipping fruit from storage. Mold is a minor problem in red supplies. Green seedless sugar levels average 18 Brix; red seedless levels range from 21 to 22 Brix. Snack Pack Grapes are available. MELONS -- Cantaloupe & Honey Dew --. The Cantaloupe supplies are now mostly out of Mexico with some offshore. Quality is good with occasional ground spots. We are starting to see some Guatemala product come in. The Honeydew market is steady. Supplies are good with most coming from Mexico at this time. Fruit is peaking on 6/8' but all sizes are available. Quality is fair Watermelon -- The Watermelon prices are very strong as the majority of supplies are now coming from Mexico. 45 count seedless and big melons are in tight supply. Carton 5 s and 6 s are available. Quality seems to be nice. East coast is going to have high prices due to extra freight from Nogales and McAllen. Florida winter crop is available but not much presence. Ron Orr Produce Peddler Pro Mark [573] ronorr@promarkproduce.com

8 November 20, 2015 Market Watch Market Watch

Soybean Oil Market Pricing Trend Soybean Oil Crop Updates BAGE estimates bean planting picked up this week in Argentina to 30.9%, an increase of almost 11% week-onweek.

9 Soybean Oil Market Pricing Trend Soybean Oil Crop Updates BAGE estimates bean planting picked up this week in Argentina to 30.9%, an increase of almost 11% week-onweek. US soy harvest was unreported as we are near completion. Misc. Influences Soybean oil returned to our recent range. Monthly NOPA crush and oil stocks fell below expectations. Weekly bean and oil export sales were solid, higher than trade expected. SA weather a making favorable turn. Bullish Recent Trend Neutral November 20, 2015 Bearish Key Factors Impact Value Ranges * Flash Summary NOPA soybean crush for Oct at It was below the average estimate of Soybean oil stocks at vs last year. Soybean oil productions at vs last year. Argentine candidates continue to make promises trying to win votes. One major platform both candidates press is the cutting of export taxes. With taxes being a large portion of the countries budget, it will be interesting to see if they can deliver. Brazil lineup issues should be watched as the bean export program seasonally begins to ramp up in Q1. US weekly soybean export sales were strong at 1.8 MMT vs. 1.3 last week. China was the majority at 1.6 MMT, of which 607 tmt switched from unknown. Oil export sales saw another solid week at 38 tmt. The current pace of sales and shipments suggest that the current USDA 2.3 bln lbs. could be understated by as much as mln lbs. The pace also suggests that the Gulf is still competitive with SA. Chinese central bank cut its overnight lending rate from 4.5% to 2.75% in hopes of spurring economic growth. We are still on standby mode while awaiting news from Washington on the RFS mandates and the party the biodiesel tax credit will favor. * Value ranges represent good booking levels if the market dips into this range Expected Value Range $ $27.00 cash The information above reflects the current opinion of Stratas Foods but does not represent a guarantee of future market conditions. All final oil booking decisions should be made by the end customer and not Stratas Foods. Market Watch

10 Corn Oil Corn Oil Market Pricing Trend Crop Updates US corn harvest reported at 96% vs. 93% last week, 88% last year, and 94% 5-year average. The IGC, International Grains Council, lowered its 2015/16 world corn production figure from 970 MMT to 967 MMT this week. Ukraine corn output at 20.7 MMT vs MMT last year. Recent Trend Misc. Influences Key Factors Corn oil may regain its premium to other oils should demand for HFCS suffer. Corn oil exports have picked up recently. Poor demand for HFCS likely to limit corn oil production. Ethanol production mostly unchanged, following seasonal trend. Bullish Neutral November 20, 2015 Bearish Impact The growing corn lineup in Brazil peaked at 7.6 mmt, causing some concern for how quickly exporters can whittle the corn lineup down ahead of Jan/Feb for the bean export program ramp up. Current Nov 1-17 at 2.7 MMT on track for 4.8 MMT vs. the record set last month of 5.4 MMT. Wet weather at the key ports has not helped the progress either. The Argentine election will also affect corn markets. Many analysts feel as if the corn market has already reflected upon the decrease in export tax and if it happens, it could be discounted. US corn export sales saw its strongest week since last August at 780 tmt. The current pace needed to meet the USDA 1800 milbus estimate is 750 tmt/week. We are currently at 31.8% of that USDA estimate vs. the 43.6% pace we saw last year. Value Ranges * Flash Summary * Value ranges represent good booking levels if the market dips into this range Expected Value Range $ $39.00 cash The information above reflects the current opinion of Stratas Foods but does not represent a guarantee of future market conditions. All final oil booking decisions should be made by the end customer and not Stratas Foods. Market Watch

Canola Oil Market Pricing Trend Canola/Rapeseed Oil Crop Updates ADDB, the Agriculture and Horticulture Development Board, lowered the British 2016 rapeseed harvest areas by 14%.

Recent Trend Misc. Influences Canola crush margins weaken again. Solid demand from exporters has continued to be present in Canadian canola. Specs continue to grow short positions.

11 Canola Oil Market Pricing Trend Canola/Rapeseed Oil Crop Updates ADDB, the Agriculture and Horticulture Development Board, lowered the British 2016 rapeseed harvest areas by 14%. The StatsCan report will release Dec. 4 th. We expect this report to give canola a little independent direction with the revised production numbers expected to show a growing Canadian canola crop. Recent Trend Misc. Influences Canola crush margins weaken again. Solid demand from exporters has continued to be present in Canadian canola. Specs continue to grow short positions. Bullish Neutral November 20, 2015 Bearish Key Factors A firm tone in the CBOT held canola mostly unchanged. Impact Lack of Canadian canola farmers selling provided support to the canola futures market this week. Canadian dollar has had a volatile week finishing slightly lower week-over-week. A large portion of turnover this week for canola futures was the spreading between contract months. Canadian Grain Commission reported canola seed exports of 1.09 MMT in October. In the first quarter of the marketing year, we have seen 2.54 MMT of seed sold, up 8% from last year. China and Japan are 65% o the total canola shipped. The story for canola is similar to that of US soy. Strong demand is overshadowed by growing crops and currently ample supplies. Value Ranges * Flash Summary * Value ranges represent good booking levels if the market dips into this range Expected Value Range $ $34.00 cash The information above reflects the current opinion of Stratas Foods but does not represent a guarantee of future market conditions. All final oil booking decisions should be made by the end customer and not Stratas Foods. Market Watch

Tropical Oils Palm and Coconut Oil Market Pricing Trends Crop Updates The market continues to look for declining yields from dryness this past summer as there is typically a lag in when yields are

Influences Key Factors Palm remains burdened by large stocks in the nearby. Palm export shipments have picked up. Monsoon rains have helped to ease dryness.

Palm prices slightly lower to our shores this week as large nearby stocks and improving moisture have eased price ideas at origin. India and China have been relatively quiet buyers this week.

12 Tropical Oils Palm and Coconut Oil Market Pricing Trends Crop Updates The market continues to look for declining yields from dryness this past summer as there is typically a lag in when yields are affected. SPOMA s mid-month production estimate was down 30.18%, but this was likely due to holidays and not reflective of a sharp decrease in yields. Flash Summary Recent Trend Misc. Influences Key Factors Palm remains burdened by large stocks in the nearby. Palm export shipments have picked up. Monsoon rains have helped to ease dryness. Indonesian biofuel demand remains in question. Impact Nov 1-20 Malaysian palm oil exports up % from last month at 970, ,943 MT. Palm prices slightly lower to our shores this week as large nearby stocks and improving moisture have eased price ideas at origin. India and China have been relatively quiet buyers this week. Stocks of vegoils have grown considerably at Chinese ports, helping to ease buying in the nearby. Some participants in the market contend that lower production from the recent haze should materialize in about 5-6 weeks. Indo national palm agency forecasts CPO exports down MMT in 2016 due to stagnant production and increased consumption for biofuel. Coconut oil remains at a steep premium to CPO as demand remains strong. Demand for coconut water and oil are expected to support demand for copra. Bullish Neutral Bearish November 20, 2015 The information above reflects the current opinion of Stratas Foods but does not represent a guarantee of future market conditions. All final oil booking decisions should be made by the end customer and not Stratas Foods. Market Watch

13 F16-Period 07 USDA Daily Market Quote - MPR Weighted Average W/O 11/2/15 2-Nov 3-Nov 4-Nov 5-Nov 6-Nov Ave. Diff Hog Slaughter ,360 Total National Base Hog Price $ $ $ $ $ $ Average 20/23 Hams (0.74) 23/27 Hams /4" Trim Bone In Loin (7.80) Bnls CC Loin Strap Off (8.19) Tenderloins (4.53) 9/13 DeRind Bellies (38.15) Bnls Picnics, 72% Pork Trimmings 42% (3.07) Pork Trimmings 72% (0.02) Beef Trimmings 50% TS (3.22) Beef Trimmings 85% TS (2.67) W/O 11/9/15 9-Nov 10-Nov 11-Nov 12-Nov 13-Nov Ave. Diff Hog Slaughter ,388 Total National Base Hog Price $ $ $ $ $ $ Average 20/23 Hams /27 Hams /4" Trim Bone In Loin (4.01) Bnls CC Loin Strap Off (12.17) Tenderloins (7.77) 9/13 DeRind Bellies (3.43) Bnls Picnics, 72% (5.32) Pork Trimmings 42% (0.82) Pork Trimmings 72% (2.78) Beef Trimmings 50% TS (4.42) Beef Trimmings 85% TS (0.38) W/O 11/16/15 16-Nov 17-Nov 18-Nov 19-Nov 20-Nov Ave. Diff Hog Slaughter ,748 Total National Base Hog Price $ $ $ $ Average 20/23 Hams (0.23) 23/27 Hams (0.91) 1/4" Trim Bone In Loin Bnls CC Loin Strap Off (9.89) Tenderloins (7.57) 9/13 DeRind Bellies (13.38) Bnls Picnics, 72% (1.81) Pork Trimmings 42% (2.72) Pork Trimmings 72% (6.29) Beef Trimmings 50% TS (4.20) Beef Trimmings 85% TS (0.24) W/O 11/23/15 23-Nov 24-Nov 25-Nov 26-Nov 27-Nov Ave. Diff Period Ave. Hog Slaughter 0 Total National Base Hog Price $ - Average 20/23 Hams #VALUE! #VALUE! 23/27 Hams #VALUE! #VALUE! 1/4" Trim Bone In Loin #VALUE! #VALUE! Bnls CC Loin Strap Off #VALUE! #VALUE! Tenderloins #VALUE! #VALUE! 9/13 DeRind Bellies #VALUE! #VALUE! Bnls Picnics, 72% #VALUE! #VALUE! Pork Trimmings 42% #VALUE! #VALUE! Pork Trimmings 72% #VALUE! #VALUE! Beef Trimmings 50% TS #VALUE! #VALUE! Beef Trimmings 85% TS #VALUE! #VALUE!

11/19/2015 Dairy Market Summary BLOCK: Unchanged @ $ 1.5600 0 Sales BARRELS: Down.0075 @ $ 1.4150 0 Sales BUTTER: Unchanged @ $ 2.8850 0 Sales NFDM Grade A: Down.0125 @ $.

14 11/19/2015 Dairy Market Summary BLOCK: $ Sales BARRELS: $ Sales BUTTER: $ Sales NFDM Grade A: $ Sales Date Blocks Block Change Sales Barrels Barrel Change Barrel Sales Spread 11/16/ Unchanged Down /17/ Down Up /18/ Down Down /19/ Unchanged Down Average Market: Date Butter Butter Change Butter Sales Grd A Grd A Change Grd A Sales 11/16/ Unchanged Down /17/ Unchanged Down /18/ Unchanged Unchanged 0 11/19/ Unchanged Down Average Market: Year Ago-- Date Blocks Barrels Butter NFDM Grade A 11/17/ /18/ /19/ /20/ /21/

Market News. Market Report - Eggs. Amerifresh Produce Weekly Link. Cheese & Butter Market Update. Flour Facts Produce Market Update

Market News. Market Report - Eggs. Amerifresh Produce Weekly Link. Cheese & Butter Market Update. Flour Facts Produce Market Update Click on the link below to view updates: Cheese & Butter Market Update Amerifresh Produce Weekly Link Market Report - Eggs Flour Facts Produce Market Update Oil Market Watch Dairy Market Summary Market