Dave’s Weekly Market Update – June 10, 2021

Happy Thursday!

Eggs
Markets are still adjusting to the overabundance of eggs. Due to lower foodservice volumes, prices have dropped somewhat.  Next week, I believe we’ll see a slight decline.
Butter:
Butter ended the week with decent movement and was slightly higher than last Thursday. I believe it will stay in this range unless it gets very hot and the fat content in milk drops and ice cream sales increase.   

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Cheese:
Even though blocks fell some this week, they closed higher than the average following today’s jump. Next week, if nothing changes, it will go back up. Also, barrels (American Cheese) seem to have some strength. Markets are very low considering there is a strong supply of milk and strong movement.
We at Honor Foods thank you for your continued business and wish you all a relaxing weekend.

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.