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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.
The egg market is correcting at a rapid pace as holiday demand is behind us. The drops probably will be more aggressive next week as today they dropped .20. Fun times for all!
We are dropping Butter pricing aggressively for next week. The market has seemed to stabilize and the futures look close to the current market. We may have some stability here but as we remember last January’s rise we, could be surprised. We have many brands and options for you to choose from. There will be some supply issues on cups and some Dinner Bell cheese items as they suffered a fife Monday night and are not shipping at the moment.
Both Block and Barrel dropped this week reflecting quieter demand. There was a slight uptick in the markets today but I do not expect much in the way of increases..
The prices of cream cheese has been declining as it lags behind the butter price. We are dropping our prices again for next week for you!
All of us thank you and wish you a relaxing weekend.
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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.