Oct 14 2021

Dave’s Weekly Market Update

Happy Thursday. II is a beautiful day in the North East! Eggs: As holiday demand has not yet hit the retail sector, there are still a lot of eggs available. Farmers are reluctant to shrink their flocks since demand should pick up shortly. For further processed eggs, the market is up. Commercial baking is in full

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Oct 07 2021

Dave’s Weekly Market Update

Good afternoon, Eggs: Markets are adjusting downwards as inventories build. I do not believe we will see much more in the way of decreases but we can never be sure. Butter: The butter market has also shown signs of weakness this week. The world market is in a position not experienced in a long time,

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Sep 30 2021

Dave’s Weekly Market Update

Good afternoon to all! Eggs: The egg market has remained stable, but inventories are building, and the next move will probably be downward. The opposite applies to processed egg products. Due to seasonal demand, breaking stock (which are used by the processors) are up and prices are rising on liquid and frozen egg items. Butter: This week,

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Sep 16 2021

DAVE’S WEEKLY MARKET UPDATE

Good afternoon to all Product availability. What can I say? In my 40+ years of doing this, I’ve never seen anything like this in the supply chain.  Multiple problems are at play. To start, manufacturers cannot get enough help to run their operations, whether they are processing raw materials or producing finished products. We are also experiencing

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Sep 10 2021

Industry News: Container Shipping: Record Delays, Record Profits

From MarineLink.com Friday, September 10, 2021   As ports and hinterland transport struggle to keep up, delays at ports are soaking up capacity leading to frustration on the shippers’ side and leaving carriers struggling to keep up all the while making record profits, shipping organization BIMCO reports. Drivers of demand and freight rates The container

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Aug 19 2021

Dave’s Weekly Market Update

Good afternoon, Eggs: The egg market is on fire with no sign of relief. We will see more of the same next week. This increase is being driven by strong exports and back-to-school advertising. Butter: Butter rose Monday and dropped back slightly yesterday and today. As of now, I anticipate we will stay in this

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Aug 16 2021

Dave’s Weekly Market Update

Good afternoon to all: Eggs: The egg market has suddenly tightened up and is rising aggressively. I would expect double-digit increases next week also. Butter:  This week, butter has bounced around a little and ended up slightly higher. We now have a secondary label of butter that is more aggressively priced. Cheese: Above you can

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Aug 05 2021

Dave’s Weekly Market Update

Good afternoon to all! Eggs: This week’s egg market remained unchanged. For the time being, inventories and demand seem to be in balance. Butter: After all was said and done, butter prices ended up slightly higher this week despite the erratic behavior shown this week. Whenever things like this occur, it can be difficult to

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