Dave’s Weekly Market Update — March 31, 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:

The egg market turned around this week as the supply surpassed the demand. I do expect more declines which is unusual before Easter and Passover have gone by. 

Weekly CME Cash Dairy Product Prices March 31, 2023
Weekly CME Cash Dairy Product Prices March 31, 2023

Cheese:

Both Block and Barrel have begun to correct from the lofty levels reached late last week. We are dropping both this week and since the close is lower than the average I expect more decreases next week. Milk has been selling at a steep discount in the Midwest. The markets have dropped considerably and still only one load or each has changed hands this week at the C.M.E. 

Clearfield White American loaf by Schreiber – We are offering a one week Flash sale!  Stock up now while the price is down!

Cream Cheese:

We are well stocked with all labels and with butter moving higher, cream cheese is poised to go higher also. 

HP Hood items – With this weekend’s closing of the Hood facility in Philly Honor Foods will start stocking some UHT whole milk half gallons. We already stock their Barista style oat milk items. We also have Hood aseptic creamers and portion control sour cream as well as Axelrod Buttermilk. If there are other items you require, please ask your salesperson and we will do our best to supply you with more of their quality products.

The entire team at Honor Foods thanks you for your continued business and wish you a safe and relaxing weekend. 

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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.

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.