Feb 27 2020

DAVE’S WEEKLY MARKET UPDATE

Happy Thursday,

There will be no market update next week as I will be out of the office.
Eggs:
     Today the medium market went up as well as extra large. We are hearing maybe a .10 increase next week but the egg market seems to always overreact!
Butter:
     Butter continues to be weak. Today it fell to the lowest level in a few years. There were 21 loads that traded today. I feel that buyers see a value and this might close to the bottom. As always I must state that these are only my opinions and observations and can guarantee no results.
Cream:
Due to drops in the butter market the fluid cream is coming down for March. 

Cheese:
The Barrel market remained flat this week and the Block drifted lower. The spread is now down to under .14 which is the lowest in a long time.  I feel the Barrel is priced where it should be and the Block will adjust a little bit lower over the next week or so.
We all wish you a safe and relaxing weekend and thank you for your continued business.