Dave’s Weekly Market Update — March 3, 2022

Good afternoon,

Eggs:

Much to my surprise, eggs dropped a little this week. I still expect it to turn around but time shall tell. I have not heard any more reports of the A1 bird flu popping up. 

Butter:

Butter rose this week with 19 loads changing hands at the CME. I feel  that some of the market changes are somewhat caused by the uncertainty caused by the Ukraine issue and its effect on the world supply chain issues.

Cheese:

Both the Block and the Barrel rose this week. Barrels ended up the same as last week but if nothing changes it will be higher next week as the close is higher than the average, You may notice that the Hilldale prices are up .03 due to an increase from Land o Lakes. Land O Lakes also raised all their deli cheese (retail) by .15.

The team at Honor Foods thanks you for your continued support and business. 

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.

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