Archive for the ‘Market Updates’ Category

Sep 07 2018

Dave’s Weekly Market Update

Eggs:      The egg market dropped again this week but we are hearing we are close to the bottom. Butter:      The Butter market dropped again this week much to my surprise. The biggest drop was last Friday when it dropped almost .06. Today it ticked up a fraction of a cent. Maybe

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Aug 30 2018

DAVE’S WEEKLY MARKET UPDATE

Eggs:      The national inventory on eggs has grown and it is forcing the market downwards. We are not expecting a major decline but you never know! Butter:      Butter moved up slightly this week and continues to trade in a fairly narrow range. Ice cream demand will slow some after the holiday

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Aug 16 2018

DAVE’S WEEKLY MARKET UPDATE

Good day to all, Eggs:      The egg market rose but in a controlled manner. This is the first time in a long time that the market reacted in a fairly reasonable fashion. Without it going up too far too fast it should not fall apart like usual. Butter:       Butter rose Monday and Tuesday and

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Aug 03 2018

Dave’s Weekly Market Update

Eggs:      The egg market is firming up. Supplies are getting tighter and medium eggs have been rising. The larger eggs have not followed suit but are expected to do shortly. I would expect it to begin by the beginning or middle of next week. Butter:      Cream supplies are tightening up and

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Jul 27 2018

DAVE’S WEEKLY MARKET UPDATE

Good day, Eggs: The egg market dropped again this week but today it did not move.  The market “is attempting to settle” as per Urner Barry who creates the egg market. This usually signifies that the market will remain level for a few days until it goes back up way too much too quickly. That

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Jul 12 2018

Dave’s Weekly Market Update

Good afternoon to all, Eggs:        After weeks of shortages on larger white eggs the supply has rebounded and now the market is declining.We can expect more declines next week. Butter:      The butter market at the CME has bounced around this week and ended up .03 higher than last Thursday’s close

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Jul 05 2018

Dave’s Weekly Market Update

Eggs:      The larger white eggs still are short in supply vs. demand. We probably will see more increases on these eggs. Butter:      Butter dropped again this week as retail demand is just not there. With the heat wave extending over much of the country I am surprised by this drop as

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Jun 29 2018

Weekly Market Update

Eggs:      The larger sizes of eggs are in extremely short supply and this is forcing the market upwards. I expect we will see additional increases next week. Many farmers put their flocks out to molt and now the inventory is very low. The expected heat wave will also reduce the available inventory because

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May 24 2018

DAVE’S WEEKLY MARKET UPDATE

Good afternoon to all, Eggs:      The egg market remained flat this week with no changes at all. Farmers are putting flocks out to molt which should tighten up the supply and potentially cause them to rise at some point in the fairly near future. Butter:      Butter bounced around this week and

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May 18 2018

Dave’s Weekly Market Update

Eggs:      The egg market has been dropping as supply still exceeds demand. Eggs are getting very inexpensive so the farmers will put flocks out to molt to tighten up the supply and send prices back up at some point in the future. If there is a heat wave in the growing areas this

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