Welcome to The Commodity Kitchen Podcast, and happy New Year. In this episode, 2026 Market Reset, I walked through what’s setting the tone for markets as we head into the new year. Grain markets are generally rangebound with some firmness in soybean meal, and soybean oil is still up about 9% year over year due in part to biofuel demand. In dairy, cheese blocks are steady while butter is down 7.9% on the month, marking some of the lowest non-COVID prices of the last decade and creating real contracting opportunities. Crude was a little firmer, while diesel and gasoline prices continue to edge lower.

On proteins, eggs have been hit hard—down 61% over the last month—while chicken output is up 4.3% year over year, keeping markets in check. Pork output is up short term but expected to be fairly tepid for the year, and beef production is down 5.2% with trim firming and the rib complex unusually weak. I also flagged the potential Supreme Court ruling on Trump-era tariffs and China’s new 55% tariff on beef once quotas are filled, both of which could add confusion and tighten imported lean beef supplies in the U.S. as we move further into 2026.

Connect with our host:

David Maloni’s LinkedIn: https://www.linkedin.com/in/davidmaloni/

Click here to find out more:
https://datumfs.com/

In this episode of Commodity Kitchen, I walked through the latest commodity trends, noting that our food-weighted index has fallen below prior-year levels for the first time in nearly two years. Energy markets remain a tailwind with gasoline now at four-year lows, while grains and soybean oil continue to show weakness. Coffee prices are easing after tariff exemptions on Brazil and Vietnam, and dairy markets are sharply lower year over year due to abundant milk supply. Protein markets remain mixed, with chicken output running higher, pork values supported, and beef production down more than 4% year to date — a key driver behind the recent surge in cattle futures.

I was joined by Pedrom Rejai of Elevate Growth Partners, who explained how tariffs and retaliation are disrupting global food trade, pointing to a 96% collapse in U.S. beef exports to China as licenses expire and Australia steps in to fill the gap. We discussed how the almond industry successfully diversified export markets after the 2018 trade war and why that model is critical today. Pedrom also outlined best practices for navigating international sourcing, including leveraging USMCA exemptions, tightening documentation on processed foods, and investing in traceability and supplier diversification to build long-term supply chain resilience.

Connect with out host:

David Maloni’s LinkedIn: https://www.linkedin.com/in/davidmaloni/

Click here to find out more:
https://datumfs.com/

Connect with out Guest:

Pedrom Rejai's LinkedIn: https://www.linkedin.com/in/pedromrejai/

In this episode of The Commodity Kitchen Podcast, David Maloni and Gerry Dalton break down the key commodity market drivers for the week ending December 6, with a focus on grains, dairy, proteins, and macroeconomic signals influencing market conditions. While energy markets and the U.S. dollar remain relatively rangebound, several important shifts are emerging beneath the surface—particularly in soybeans and soybean oil, dairy supply fundamentals, chicken production, and U.S. beef imports.

The hosts examine changing supply dynamics across major protein categories, review recent USDA data showing a month-over-month decline in the U.S. milk cow herd, and discuss the Trump administration’s decision to ease beef import tariffs. They also highlight signs of ongoing consumer pressure, including increased discounting and weakening labor data, and explain how recent softness in the U.S. dollar could provide support for commodity prices.

Connect with out hosts:

David Maloni’s LinkedIn: https://www.linkedin.com/in/davidmaloni/

Jerry Dalton's LinkedIn: https://www.linkedin.com/in/jerry-dalton-0324a821/

Click here to find out more:
https://datumfs.com/

In this pre-Thanksgiving episode, we break down major moves across cattle, dairy, grains, and protein markets. Live cattle and feeder cattle futures—after hitting record highs—have now pulled back to levels last seen in July, though they remain historically elevated. September milk production surged 4% year over year, and the milk cow herd climbed 2.5%, marking its biggest increase in decades. Grain markets continue to firm, with nearby soybean futures reaching their highest price since June 2024, supported by tighter-than-expected soybean supplies and increasing demand tied to biofuel mandates.

We also analyze key protein dynamics: chicken output is running about 3% above last year, with whole birds holding steady at $1.05/lb; beef cutouts have begun drifting lower but remain higher year over year; and lean/fat trim prices continue moving in opposite directions due to limited government production data during the shutdown. Tyson and Pilgrim’s Pride both expressed confidence in strong chicken demand for 2026 despite today’s lower prices. Tune in to hear the full discussion and understand how these trends may shape commodity decisions heading into the holiday season.

Connect with out hosts:

David Maloni’s LinkedIn: https://www.linkedin.com/in/davidmaloni/

Jerry Dalton's LinkedIn: https://www.linkedin.com/in/jerry-dalton-0324a821/

Click here to find out more:
https://datumfs.com/

Welcome back! We open with a couple of Halloween scare stories before diving into markets: cheese is around recent highs (discussed near $1.80/lb) with a long-run support near $1.50/lb that hasn’t held below for long over the past 10–15 years; we’re not especially bullish on cheese here. Butter remains around the 1.60 level and relatively rangebound despite holiday demand.

On proteins, retail beef prices in September rose 14.7% YoY to a record high, likely starting to curb consumption, while pork (+1.6% YoY) and chicken (+1.5% YoY) present better value. We also flag a potential resumption of Mexican cattle imports (no date yet) that could help beef supplies in 2026. Give the full episode a listen for our take on price floors, value spreads across proteins, and what these developments could mean in the weeks ahead.

Connect with out hosts:

David Maloni’s LinkedIn: https://www.linkedin.com/in/davidmaloni/

Jerry Dalton's LinkedIn: https://www.linkedin.com/in/jerry-dalton-0324a821/

Click here to find out more:
https://datumfs.com/

In this episode, we take you through the latest movements across food, energy, and agricultural markets. The Datum FS Commodity Index is down 6% month over month, driven largely by steep declines in dairy and poultry. We unpack what’s behind the sharp drop in chicken breast, wing, and tender prices, the continued weakness in butter, and the broader trends putting pressure on nearly every major commodity. You’ll also hear our thoughts on how these shifts compare to past market lows and what might signal a turnaround.

We also zoom out to the bigger picture—how government shutdowns, renewed tariff discussions with China, and record corn harvest expectations could reshape the landscape for U.S. producers and global trade. From rare earth mineral tensions to multi-year lows in grains and oilseeds, we explore the forces at play and what they could mean for feed costs, pricing stability, and market confidence heading into the end of the year.

Connect with out hosts:

David Maloni’s LinkedIn: https://www.linkedin.com/in/davidmaloni/

Jerry Dalton's LinkedIn: https://www.linkedin.com/in/jerry-dalton-0324a821/

Click here to find out more:
https://datumfs.com/

In this first episode of The Commodity Kitchen Podcast, we dive into the latest moves across the commodity markets. From the sharp drop in chicken prices to ongoing weakness in dairy and record cattle herds, we break down what’s driving these shifts. We also touch on feed costs, seasonal production changes, and government policies shaping the outlook. Our goal is to help you make sense of the trends that matter most right now.

Connect with out hosts:

David Maloni’s LinkedIn: https://www.linkedin.com/in/davidmaloni/

Jerry Dalton's LinkedIn: https://www.linkedin.com/in/jerry-dalton-0324a821/

Click here to find out more:
https://datumfs.com/

Welcome to Farm to Fork: The Innovators. Today’s guest is Arah Tan, the Senior Vice President of Supply Chain and Logistics at OTG Management—a leading foodservice company operating in high-traffic venues like LaGuardia, JFK, and Newark Airports.

In this episode, we dig into the unique challenges of airport food operations. Arah shares how OTG navigates complex logistics, vendor contracts, and the unpredictable nature of disruptions—from hurricanes to global pandemics. She brings a unique lens as someone who started in restaurant operations and climbed into supply chain leadership, making this conversation especially insightful for those curious about the intersection of hospitality, logistics, and innovation in constrained environments.


Host and Guest Social Media Links:

David Maloni’s LinkedIn: https://www.linkedin.com/in/davidmaloni/

Arah’s LinkedIn: https://www.linkedin.com/in/arahtan/


Timestamps

• 00:00:00
  
  00:01:17 – David introduces the podcast and Arah’s role at OTG
  
  
  
• 00:02:09 – Overview of OTG’s operations and Arah’s responsibilities
  
  
  
• 00:04:13 – How OTG operates both national and proprietary food brands in airports
  
  
  
• 00:07:14 – Security and logistical barriers to airport food supply
  
  
  
• 00:09:09 – Arah’s career journey and how she got into supply chain
  
  
  
• 00:13:05 – The COVID-19 pandemic as a turning point in supply chain strategy
  
  
  
• 00:16:20 – Complexity of managing supplier relationships across locations
  
  
  
• 00:20:07 – Leveraging vendor flexibility while meeting brand requirements
  
  
  
• 00:22:07 – Impact of airport type and seasonality on supply chain demands
  
  
  
• 00:25:21 – Economic conditions and their effect on travel and food sales
  
  
  
• 00:27:08 – Preparing for disruptions and maintaining resiliency
  
  
  
• 00:30:13 – Operations experience informs better supply chain decisions
  
  
  
• 00:33:01 – Importance of food safety and proper packaging in airport delivery
  
  
  
• 00:34:09 – Arah’s vision for technology and transparency in the next decade
  
  
  
• 00:36:05 – Sourcing locally and partnering with community vendors
  
  
  
• 00:37:00 – Arah’s pick for best airport food: Bobby’s at LaGuardia
  
  
  

00:39:23 – Reflections on motherhood’s role in shaping leadership

I’d like to introduce you to Datum Advisors, a new offering from Datum FS. Our team is composed of seasoned Food Supply Chain Executives from every sector. We stand ready to offer valuable advisory services for your company.

Click here to find out more:
👉 https://datumfs.com/datum-advisors

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