Nov 21 2019

Dave’s Weekly Market Update

Happy Thursday

     The market rose another .09 this week but has been stable for the past 2 days. I would expect a few days of stability before the market begins to correct.
     Butter dropped slightly this week and as the retail demand is behind us now so there will be some seasonal declines coming up. We probably will see the market go below the “floor” of $2.00. It has been quite a while since this barrier has been broken but we are headed that way given present conditions.
     Both Block and Barrel dropped again this week but there was a slight jump in both today. There have not been many loads traded as people wait for hopefully lower prices. Unfilled bids drove the market up today.
Have an awesome weekend as you prepare for Thanksgiving and we all thank you for your continued business.