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.