Dave’s Weekly Market Update — February 10, 2022

Good afternoon to all and happy Thursday! We are almost there!


The market is starting to correct itself after the large run up. The loose egg inventory is building but the demand for cartons is still strong. I would look for more downward pressure in the coming weeks. 

Weekly CME Cash Dairy Product Prices


Butter found some strength this week while only 5 loads changed hands at the exchange this week. Below is a glimpse of today’s trading activity. My feelings are that we will remain in this range for the next few weeks, but time shall tell. 

Butter Prices February 10


Both Block and Barrel rose this week after last week’s close was higher than the averages. Blocks have not moved since Friday and barrels have softened somewhat. Only 3 loads traded this week on cheese. Very quiet overall at the exchange this week on all dairy. 

The Honor Foods team all thank you for your business and hope you have a safe and relaxing weekend. Enjoy the Super Bowl!

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.