Sep 15 2016

Dave’s Weekly Market Report

Good afternoon,

     The egg supply is more than adequate and the market is soft.
      Butter continues to drop slightly and there seems to be plenty to go around. We still could see some increases as demand ramps up for 4th quarter butterfat usage.
     Both Block and Barrel are weak and Barrel has been aggressively dropping. There is a .15 spread between Block and Barrel which is a very large spread.  The Block seems to have stabilized at the moment but we will see what happens to close the gap.
Honor Foods thanks you for your continued business and we wish you and your families a safe and relaxing weekend.