Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
Eggs:
The egg market is correcting fairly aggressively and looks like it will continue for a while longer. We had a 29 cent decrease this week on the white eggs.
Butter:
Butter has been bouncing all around as of late. We set the market last week at the Thursday close of $2.73. Friday it dropped .05 and you can see this week’s movement above. Trading 21 loads so far this week. I expect more of the same for the near future.
Cheese:
Cheese seems to also be in a state of flux. It just cannot make up it’s mind. I still feel that the markets are too high at this point. Converse to that the milk prices in the Midwest have surged. A little over a month ago it was trading $6-$8 under class and now it is trading $1.00+ over class. We did drop both Block and Barrel this week.
Cream Cheese and Sour Cream:
This market lags behind butter and has risen again. These increases are traditional in the 4th quarter as the demand for butter fat always rises for the upcoming holiday season.
All of us at the Honor Foods companies thank you for your continued business and hope you have a safe and relaxing weekend.
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.
Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
Eggs:
The egg market is fairly well balanced now that it has adjusted to the end of the vacation season and the opening of all the school systems, Urner Barry is saying that the “supplies are adequate”. Hopefully it stays stable for a bit.
Butter:
Butter has traded upwards with 41 loads of loads traded. It seems like the new trading range is between $2.65 and $2.75. There are still supply concerns even after the huge volumes that traded a few weeks ago. We ended up .08 for the week.
Cheese:
Blocks fell on Friday and so far, seem to be trending back upwards. We did end up lower for the week based on the last week’s average . Barrels did rise slightly for the week.
All of us at the Honor Foods companies thank you for your continued business! We hope you have a great weekend!
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.
Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
I will be away for the next 2 weeks so there will not be a market update until 9/7.
Eggs:
After 2 and a half months the egg market is waking up. We had some small increases this week but the tone of the market is “steady to full steady”. Today’s market may be a telltale, if it goes up much we will see a very aggressive market next week. Schools will be opening soon and maybe the extreme heat is beginning to take its toll.
Butter:
Look at that volume, 81 loads so far this week!
That was yesterday and today 25 additional loads moved pushing the market another 2 cents. I am not sure, but it seems like the 4th quarter will have very high butterfat costs. This will increase butter, cream, sour cream and cream cheese.
Cheese:
Blocks have been slowly rising with only 3 loads changing hands so far this week. I feel this is too high. Barrels on the other hand have started dropping with an 8.5 cent drop today with only 4 loads so far this week. . I am unsure what the markets will do so we will have to wait and see!
We all thank you for your continued business and hope you have a great weekend!
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.
Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
Eggs:
After 2 and a half months the egg market is waking up. We had some small increases this week but the tone of the market is “steady to full steady”. Today’s market may be a telltale, if it goes up much we will see a very aggressive market next week. Schools will be opening soon and maybe the extreme heat is beginning to take its toll.
Butter:
Butter rebounded this week with 18 loads changing hands. I feel that it is the fear of last year’s pricing that is helping to drive this market. The extreme heat has certainly tightened up the supply of cream. Multiples (the pricing mechanism for buying cream) have jumped making it costlier to procure the necessary cream to make butter. There has also been less milk as extreme heat causes stress on cows causing them to produce less milk and causes a lower fat content, I am hearing some people say that butter could jump again this year during the 4th quarter, but time will tell.
Cheese:
Cheese was somewhat mellow this week. Blocks ticked up slightly and barrels retracted some. I feel that cheese is too high at the moment and might back off some in the near future. So far only 4 loads of cheese have traded hands this week.The higher pricing makes the US unattractive for exports and this will slow down export demand helping to build inventories.
We all thank you for your continued business and hope you have a great weekend!
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.
Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
Eggs:
This has been the longest stretch of a flat market that I can remember. Supplies have been well balanced and the market has been steady since the end of May.
Butter:
Butter has drifted lower with 31 loads changing hands so far this week on the exchange. I do expect butter to probably stay between $2.45 and the low $2.60’s for the next couple of weeks.
Cheese:
Both Block and Barrel rose this week with almost no movement. Barrels have started to correct and I would think both will moderate downward as it went up too quickly.
We all thank you for your continued business and hope you have a great weekend!
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.
Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
Eggs:
Eggs still have not moved, but with extreme heat we may start to see some upward movement.
Butter:
The butter market quieted down this week with lower volume trading hands at the CME. We did have a slight uptick, but it did back off some today. If it drops, I do not expect much due to the heat we are facing in many parts of the country.
Cheese is on fire!
Both the Block and Barrel have moved up substantially. Heat may be a factor, but the fact that we were so cheap recently that it had to go up is also playing a huge role in my eyes. With the market closing so much higher than the averages, pricing is poised to go much higher next Thursday. A good time to build some inventory!
Cream & Cream Cheese:
Due to rises in butter we will see an increase in cream for next month. I am guessing about .07 a qt on heavy creams. Cream cheese is also going up slightly for next week also.
We all thank you for your continued business and support and hope you have a great weekend!
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.
Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
Eggs:
Once again the egg market remained unchanged. With the extreme heat in many parts of the country we might see some increases in the near future as birds produce less eggs when stressed by heat.
Butter:
Butter rose again this week with 42 loads changing hands so far this week. We are up another .05 at this point. When there is extreme heat, cow comfort goes down. This causes 2 things, less milk and lower component values (less butterfat). The end result is less butterfat in the marketplace. Another factor is the increase in ice cream demand when it gets so hot. These increases are pushing up cream cheese prices and will do the same for cream.
Cheese:
Both markets rose this week. In my opinion, both had dropped too low for this season. I am guessing that the heat again was a factor and that milk was not being sold so far under the market this week. If nothing changes, Blocks will go up another .04 next week as the average was that less than the close. There were only 10 loads of Blocks traded and 41 loads of Barrels. I feel that that we will see more increases next week.
The entire Honor Foods team would like to thank you for your continued business. We hope you have a safe and relaxing weekend.
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.
Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
Eggs:
This has been the longest stretch of a level egg market that I can remember. Steady as she goes!
Butter:
Butter rose again this week with moderate movement at the CME. We will be up .04 from last week. I have read that the fact that the butter market was over $3.20 last year has some people buying at these levels to avoid possible spikes in the late Summer to Fall. I still do not expect anything major in the way of movement. Butter is at the higher end of its recent trading range.
Cheese:
Blocks rose slightly after months of decline with only 10 loads changing hands this week. Barrels dropped again and are now slightly lower than the Block. This has been an active week for Barrels with almost 70 loads changing hands so far this week. The markets are significantly lower than usual for the Summer. Milk is still readily available and as of last week was selling well below class in the Midwest.
Cream & Cream Cheese:
Cream has been readily available in recent weeks. The volume of cream cheese has spiked and we will be fully stocked again as of tomorrow. We will probably see an uptick in pricing as butter has been creeping upwards and is the cost basis for both of these items.
The entire Honor Foods team wants to thank you for your support and continued business. Have a safe and relaxing Summer weekend.
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.
Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
Eggs:
The egg market remained stable this week once again. Retail and end users are loving the prices. I am sure producers would like to see the market somewhat higher but they just had a record year!
Butter:
Butter rose .06 since last Thursday on moderate trading at the CME.
Cheese:
I think we finally hit bottom on the block. (hopefully the market will not make me into a liar)!
Barrels have dropped in a big way and now are within .02 of the block. There was heavy trading on both as you can see above. These are the lowest markets since right after the beginning of the pandemic. Hopefully this presents some buying opportunities for all of us!
We all want to welcome Sunny Morning Foods in Florida to the Honor Foods family. Our latest acquisition will strengthen our presence in the Southeast market and add another fine label to our portfolio. We thank you for your trust in our companies and as always thank you for your business.
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.
Each week Honor Foods Dairy Specialist David Albert provides you with Dave’s Weekly Market Update, with some valuable insights on the most current market price changes on eggs, butter, cheese, and cream products.
Eggs:
Once again the egg market has remained at the same level. I hope it continues!
Butter:
Butter had drifted lower but rose today and ended up .01 higher than last Thursday. My feelings are still the same. If there is a heat wave I believe prices will rise as milk volume and components would go lower. Otherwise I feel we are range bound in this general area. With Summer officially here, ice cream season is in full swing.
Cheese:
Did the Block finally find a bottom? Only 11 loads traded hands and no loads were offered today. We were at the lowest market in 3 years. Milk is still being sold at a discount out West, and I have heard some saying that some milk was being dumped as plants were full and had nowhere to go with the milk. The Barrel dropped slightly but is still higher than the Block. I would expect the Barrel to drop some to try to close the gap. I do not see Blocks jumping much as demand is somewhat quiet and milk is plentiful to say the least. We should expect some exports as we are lower than the world market at this point.
Cream & Cream Cheese:
I am hearing (but no concrete numbers yet) that there may be a .01 or .02 increase per quart for July on heavy cream. The supplies of cream are readily available at this point. We are dropping cream cheese due to the lowering of the Butter market in the past few weeks.
Does anyone have a use for some 55 lb bulk of AMF (Clarified butter)? Do you sell large volume seafood restaurants that use clarified butter? Or, for that matter anyone who uses a lot of clarified butter. We have a few pallets we need to move. We also have some 160 ct yellow processed sliced cheddar. This is like American cheese, but is more cheddar based and more like cheddar than American. We will be aggressive with pricing on these items. Please ask your rep about these 2 items.
All of us at Honor Foods want to thank you for your business and wish you a safe and relaxing Summer weekend.
Honor Foods – Value-Added Redistributor
Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.
Would Like to Partner With Honor Foods or Learn More?
To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.
About Honor Foods
Honor Foods, a Burris Logistics Company, was founded in 1949 as a redistributor of center-of-the-plate foods. Since then, Honor Foods has grown into the Mid-Atlantic region’s premier provider of frozen, refrigerated, dry, and dairy products, representing more than 300 brand-name food suppliers and carrying more than 3,000 in-stock items. In addition, our exclusive house brands — Colony Lane and Valley Fresh, have a well-earned reputation for top quality and value at competitive prices.
Great products and prices are just part of the Honor Foods value-add. In addition, we pride ourselves on having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique. Learn more at www.honorfoods.com.