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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 has seemingly stopped its rise. With the holidays 3 weeks away, we might see more as retail features eggs for the upcoming holiday baking.
Butter gave up most of last week’s gains in the past 3 days. The market is aligned with the May futures and it is showing June to be just a few pennies higher. Looking out as far as October, they are only at $2.46. Ice cream demand and future heat waves could change that, but for now the markets look calm.
Both Blocks and Barrels have been very aggressive for some reason. I still am unsure as to why as milk has certainly been available at a discounted rate in the MidWest. It could be that adverse weather in both the East and West disrupted deliveries of milk to the producers. I did not expect it to rise again. Time for a tune up on the crystal ball I guess.
We are well supplied for your customers’ holiday baking with some very aggressive pricing. Please ask your rep for our great offerings!
We wish you a safe and relaxing Spring weekend and of course thank you for your continued business!
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.
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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.