Jul 22 2016

Dave’s Weekly Market Report

Good afternoon to all;

     There is still an overabundance of eggs in the marketplace and the market is adjusting downward to clean up the excess. We are hearing that we are near the bottom but as always I must state that these are only my observations and opinions of the markets and can guarantee no results.
      Butter bounced around slightly this week and ended up dropping .01 per Lb. I expect these minor gyrations to continue.

     Both Block and Barrel both rose a little this week and there is still a .09 inverse spread with Barrel higher than the Block. The market seemed to have stop rising for the moment but we will see what happens.
Our Golden Sunshine Orange Juice is now in stock in Springfield. Please add some to your order and start your day with a little Sunshine!
All of us at Honor Foods thank you for your continued business and wish you and your families a safe and relaxing Summer weekend.