Dave’s Weekly Market Update — February 17, 2022

Good day to all,

Eggs:

The market is correcting downwards as supplies are growing and demand is not that vibrant. I expect more downward movement next week. 

Weekly CME cash Dairy Product Prices February 18, 2022

Butter:

Butter has taken a wild ride this week. Starting with a .175 jump last Friday. We are still somewhat higher today than last Thursday, but nowhere near the .28 it was up at at one point. I think it will drop back to the mid $2.50’s next week but that remains to be seen.

 
Cheese:

Both Block and Barrel are up this week. It is so much harder to gauge the markets in this day and age with all that is going on in the world. Normally you would never see the cheese markets rising this time of year, especially Barrel cheese (American Cheese).  Exports are still strong and transportation issues make it tough to get the cheese where it needs to go. 


The whole Honor Foods team would like to thank you for your continued business. Have a safe and 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.