Archive for the ‘Market Updates’ Category

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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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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Jun 28 2021

Dave’s Weekly Market Update

  Good afternoon, Eggs: The egg market is very low due to lackluster demand. Agricultural producers are losing money as grain costs soar. Butter: In this week’s market, there was downward pressure, and there was little movement at the CME. We may see more declines next week. Inventories are strong and demand is not high

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Jun 18 2021

Dave’s Weekly Market Update

Happy Friday!   Eggs: The egg market remained steady this week. Retail demand is sluggish and foodservice demand for breakfast is just not back to pre-pandemic levels. Next week should be more of the same. Butter: After a slight increase on Monday, butter prices were steady. In my opinion, we will remain within this range

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