Dave’s Weekly Market Update – August 21, 2020

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 rise Monday but drifted back down as the week moved on. 

I have an opportunity on Dinner Bell 18/1lb unsalted butter quarters for retail. We can offer $1.99 on 15 cs lots and $1.94 on pallets. 
Cheese: Blocks went up over .20 starting last Thursday and started dropping on Monday with the end result being a drop. At this point, prices will drop more next week. Barrel cheese continued to drop and I expect more to come next week also. 

We all hope you have an excellent and safe weekend and as always thank you for your 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.

Join Our Team
Become a Driver