Dave’s Weekly Market Update — November 17, 2022

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 is relentlessly rising .05 a day. I think we will see cataclysmic drops in the next 2 weeks. Time will tell! 

Weekly CME Cash Dairy Product Prices November 17, 2022
Weekly CME Cash Dairy Product Prices November 17, 2022

Butter:

Butter has rebounded from its big drop 2 weeks ago. The volume at the CME has been minimal. My guess is that within the next few weeks we will see a decline. It is really so hard to gauge in these times. Historical trends just do not seem to exist anymore. Challenging times to say the least. 

Cheese:

Blocks continue to find strength and Barrels are beginning to decline. There is a big spread between the 2 and I feel that the Blocks will begin to moderate soon to close the gap. Not one load of Blocks traded this week and only 5 loads of Barrels. 

Half Gallons of Byrne Half and Half:

We are still blowing these out at a very inexpensive price. If you can move this pack size, it is a great deal! They are packed 6/ 1/2 gallons per case and are UHT. They are dated with a best by date of 12/20 so there is plenty of life left. 

All of the Honor Foods team want to wish you a safe and relaxing weekend as you prepare for Thanksgiving. As always, we all thank you for your continued business!

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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.