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Happy Thursday to all!Eggs:
The egg market has remained stable for another week. There have been over 3 million birds destroyed due to the A1 bird flu in the Mid Atlantic region. Surprisingly this has not affected the market.
Butter was up a good amount before today’s drop. We are keeping pricing the same. My guess is it will rebound some tomorrow. Butter stocks and production are lagging behind last year and I feel this will help maintain these higher prices for quite a while. Butter will probably be tight in the 4th quarter when demand is at its highest.
Both Block and Barrel rose this week. Exports are strong as world pricing is at all time highs. The war is disrupting supply chains and causing energy to rise dramatically. All of these factors I feel are contributing to the aggressive cheese markets. I do not think we will see much in the way of decreases and possibly will see prices continue to rise.
Please ask your Honor Foods salesperson about our opportunity buys and items that you can not find elsewhere.
The Honor Foods team all thank you for your continued business. We hope you have a peaceful and safe weekend.