Archive for the ‘News’ Category

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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Jul 29 2021

Dave’s Weekly Market Update

Happy Thursday! Eggs: This week, eggs drifted slightly lower as retail demand is sluggish and food service is not absorbing the excess. I do not think there will be a big decrease as soon the schools will start gearing back up throughout the country. Butter:  The price of butter dropped this week as supplies are

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Jul 23 2021

Dave’s Weekly Market Update

Good afternoon to all, Eggs: The egg market remained stable this week. At this point, there are no factors pushing the market. Possibly the next upward pressure on markets will be the reopening of schools. Butter: While the market bounced around a bit this week, it dropped a bit today. The close was still higher

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Jul 13 2021

Industry News – Shipping Delays and Higher Rates Get Small Businesses Jammed Up

Small importers bear the brunt of snarled supply chains; ‘$17,000 and it won’t move until September’ Wall Street Journal By Costas Paris July 11, 2021 11:00 am ET Video: LA port backup reflects larger supply-chain issues Long waits for merchandise deliveries and crippling costs are hobbling the efforts of small and midsize businesses across the

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