Dave’s Weekly Market Update — December 22, 2023

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 rallied more this week but seems to be close to the top unless a big outbreak of A1 bird influenza appears again, 

Weekly CME Cash Dairy Product Prices December 22, 2023
Weekly CME Cash Dairy Product Prices December 22, 2023

Butter:

Butter rose this week with only 11 loads changing hands. Traditionally this is not a time when butter rises. I still feel that butter will drop back some and then rise later in January. January is when many butter producers put away stock for the 4th quarter usage. 

Cheese:

Both Blocks and Barrels dropped this week and probably will drop more next week. Lower prices could create export demand which may in turn support the market and drive it higher again. Both markets are the lowest that have been in months.  The volume of cheese that changed hands was substantial for sure. Over 3,000,000 lbs! 

Dairy Opportunities – Make an offer!

Opportunities 122223
Opportunities 122223

Cream and Cream Cheese:

Fluid cream will be decreasing for January and is presently readily available which is a huge change from last year! 

Cream cheese has been rough again this year. There is good availability on the bulk 30 lb but 10/3’s have been in short supply as the retail trade gets taken care of in the 4th quarter and food service is treated like the red headed stepchild.

I want to wish each and everyone of you a joyous holiday season. All the teams at all the Burris logistics companies thank you for your business and support.

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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.

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.