Oct 10 2019


Happy Thursday,

     Once again eggs remained stable. The medium eggs did rise .01 but no other movement. I still feel that the next move will be an increase.
     Butter dropped again much to my surprise. I think this level should be a good opportunity but I have been wrong for the last month. Only 4 loads traded this week on the exchange which was very slow. Fundamentally the market should not be dropping as we approach the busiest demand time of year for butterfat
     Both Block and Barrel have rebounded sharply in the past 2 weeks. The markets have been very atypical as of late. The huge rise then quick drop followed by a huge rise again. It is a challenging time to maintain an inventory and profitability due to the volatility of the market that we have been experiencing.
As a reminder we are bringing in shredded Fontina next week to the Springfield location. It is the Bella Rosa label and is packed 4/5# per case. Please ask your salesperson about this growing new item.
Honor Foods wants to thank you for your continued business. We wish you a safe and relaxing Columbus Day weekend.