Dave’s Weekly Market Update — June 9, 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:

This market has remained unusually stable and quiet. I am glad something is remaining stable!

Weekly CME Cash Dairy Product Prices June 09, 2023
Weekly CME Cash Dairy Product Prices June 09, 2023

Butter:

Butter drifted to the lower end of its recent trading range with a week of good movement at the CME.  It did bounce back a penny today, maybe signaling it hit the temporary floor. 

Cheese:

Both Block and Barrel bounced around considerably this week. The Barrel ended up rising a few cents and Blocks ended up lower than last week. The midweek swings have been crazy as of late. It certainly makes it a challenge managing a multi million dollar dairy portfolio and inventory.

Cream Opportunity:

We are aggressively pushing 40% cream at the moment and can offer you some great cost savings! Please ask your sales rep about these great deals!

All of us at Honor Foods want to thank you for your business. Have a great and safe weekend!

Honor Foods – Value-Added Redistributor

Honor Foods is a Value Added Redistributor with a wide spectrum of services, such as foodservice redistribution; 3000 stocked items from 300 well-known brand name companies; Mid-Atlantic, Northeast, and now Westcoast reaches; low minimums and short lead times; buying group for enhanced purchasing power; commodity-driven comprehensive pricing; and serving foodservice restaurants, academic institutions, and government facilities.

Would Like to Partner With Honor Foods or Learn More?

To learn more about the services that the Honor Foods Dedicated Team provides, give us a call at (800) 462-2890, or click on one of the links to learn why you should choose Honor Foods or, if interested in partnership, click on the button Become An Honor Foods Customer and fill up the form.

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.