Good day to all.
Eggs:
The egg market dropped .02 today as supplies are surpassing demand. I expect to see more next week.
Butter:
Butter dropped some this week and gave back some of last week’s gains. I still feel that we will see the market remain in the $1.40 to $1.50 range until after the Holiday demand dies down.
Cheese:
Cheese is still rising. The Barrel market is closing the spread with its rapid rise.
The spread has narrowed to .37 cents. This is still too high – as both types of plants buy milk at the same price and the Barrels are selling for so much less.
I was surprised that the Block is still rising. At some point, there will be a correction. If the government announces an extension of the Farms to families Food Box program it will probably stay high, as current yellow cheddar blocks are extremely tight.
I feel that the markets may begin to correct by the end of next week but time will tell.
We hope you have a safe and relaxing weekend as always we appreciate your continued business.
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. Honor Foods brands R.W. Zant and Sunny Morning provide additional beef and dairy expertise on the West Coast and in the southeast. 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. We pride ourselves in having a Team of dedicated professionals who manage each partnership. Our commitment to your business needs is what makes us unique.
