Sep 21 2020

Dave’s Weekly Markey Update

  Happy Thursday!

Eggs:

The egg market again remained stable. It has been a while since it has been so calm. Butter: Butter traded actively this week with 57 loads trading so far this week. We are up .05 for the week at this point. I still expect the trading range to be between mid $1.40’s to the mid $1.50’s for the near future.

Cheese:  

The Block market is racing upwards as the government has awarded about $1 billion in dairy purchases for the Food Box Program.  This is putting a strain on the market as people scramble to get orders placed to cover these needs.  If nothing changes next week (doubtful in my eyes) we will see a .09 increase as the close is much higher than the present average.

The Barrel dropped for the week but is headed back up. 

We wish everyone a safe and relaxing final weekend of summer. To those who celebrate Rosh Hashanah, I wish you Shana Tova. May it be a sweet new year and leave this year behind us!

As always we thank you for your continued business and support.