Apr 06 2018

DAVE’S WEEKLY MARKET UPDATE

Eggs:
     The egg market is falling off a cliff. We have had a $.60 drop on the larger sized white eggs this week. The egg market is always overreacting. Not a good week to have inventory on eggs. There will be more to come.
Butter:
     The Butter market went up aggressively earlier this week and dropped back almost .05 today. I was surprised by yesterday’s jump and not quite sure what the market will do.
Cheese:
     The spread between Block and Barrel is now an unsustainable .11. My guess is that the Barrel will rise to close the gap but as always I must state that these are only my opinions and observations of the markets and can guarantee no results.
We at Honor Foods thank you for your continued business and wish you all a safe and relaxing weekend.