Archive for the ‘Market Updates’ Category

Oct 15 2020

Dave’s Weekly Market Update

Eggs:The egg market found a balance this week with only the brown market moving upwards. Butter:Butter turned around this week and all of last week’s drops were erased. There is still a lot of butter available, and I believe this week’s jump was people taking advantage of the very low market. I do not feel

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Oct 02 2020

Dave’s Weekly Market Update

Good afternoon to all, Eggs: The egg market came to life this week and went up .05.. We will see more, but I do not expect anything crazy.  Butter: Butter took a wild ride this week. It went as high as $1.60 but then ended up lower than last Thursday.  There was not much activity

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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

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Sep 10 2020

Dave’s Weekly Market Update

Good day to all, Eggs:The egg market is well balanced and again there was no movement. The extra-large market moved up .02 but all our eggs are based on the large market. This might be an indicator of a future increase. Butter:Butter dropped .02 this week and continues to trade in the same range. Below

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Sep 08 2020

Dave’s Weekly Market Update

Eggs:The supply and demand on eggs seem to be in balance, and there was no movement in the market this week. The foodservice demand is not there yet and there are plenty of eggs available. Butter:Here is a snapshot of what has been going on this week at the CME. “Butter started rising on Monday

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Aug 21 2020

Dave’s Weekly Market Update

Eggs: The egg market was more aggressive than I anticipated with double-digit increases and more expected next week. I feel we could see another .10-.15 next week but do not expect more than that.  Butter: Fifty-nine loads of butter exchanged hands this week at the CME with basically no change in the end. It did

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Aug 14 2020

Dave’s Weekly Market Update

Hello all, Eggs:The egg market rose .02 this week. The larger sizes are harder to come by due to the extreme heat throughout the country. I would expect more to come but I don’t think it will be drastic. Butter:The butter market is weak. There were 48 loads traded this week, 26 of them today,

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Jun 18 2020

Dave’s Weekly Market Update

Happy Thursday to all. Again this week, more restaurants are opening up. Here in MA, CT, and RI we only have outdoor dining but some have opened their indoor dining but at a reduced capacity. There have been volume increases, but nowhere near pre COVID levels. Many states that have reopened have had increases in

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Jun 11 2020

Dave’s Weekly Market Update

Good afternoon to all of you. As states begin reopening, the foodservice business is adjusting. A few manufacturers are still having a hard time keeping up with demand. Last week I mentioned that Land O Lakes is way behind on a few Hilldale items. We are still waiting on getting that 120ct white (hopefully due

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