DAVE’S WEEKLY MARKET UPDATE – February 27, 2020

Happy Thursday,

There will be no market update next week as I will be out of the office.
Eggs:
     Today the medium market went up as well as extra large. We are hearing maybe a .10 increase next week but the egg market seems to always overreact!
Butter:
     Butter continues to be weak. Today it fell to the lowest level in a few years. There were 21 loads that traded today. I feel that buyers see a value and this might close to the bottom. As always I must state that these are only my opinions and observations and can guarantee no results.
Cream:
Due to drops in the butter market the fluid cream is coming down for March. 

Cheese:
The Barrel market remained flat this week and the Block drifted lower. The spread is now down to under .14 which is the lowest in a long time.  I feel the Barrel is priced where it should be and the Block will adjust a little bit lower over the next week or so.
We all wish you a safe and relaxing weekend and thank you for 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.