Aug 07 2014

Dave’s Weekly Market Report

Good Afternoon to all:


The egg market is still weak. Retail demand is only fair and there is an over abundant supply of the large and extra large eggs. I think we will see more next week!


The market seems to have stabilized this week. It dropped .04 last Friday and has been stable since then. After the last few weeks I am not sure what will happen!


The cheese market is on the way up again. It has been strong all week ending up with double digit increases. There has been a lot of trading at the CME this week. I feel we will see more next week then it might level off for a short while. If the trend continues, within a couple weeks it will begin to drop again! As always I must state that these are only my opinions and observations of the markets and I can guarantee no results.
Everyone at Honor Foods thanks you for your continued business and wish all of you a safe and relaxing August weekend.