Dave’s Weekly Market Update — November 23, 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 keeps rising .05 per day and is expected to continue. We are at record highs. It will be pretty ugly when it does turn around is my guess.

Weekly CME Cash Dairy Product Prices November 23, 2022
Weekly CME Cash Dairy Product Prices November 23, 2022

Butter:

Butter dropped last Friday and climbed back up most of the way this week. I also feel this should turn around fairly soon and drop to maybe the mid $2.50 range. That is only a guess but in today’s day and age that is what you have to do! 

Cheese:

Barrels have dropped again and I feel they will drop again next week. Blocks started dropping today and are much higher than the Barrels. They will probably meet somewhere in the middle within the next few weeks.

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. 

Happy Thanksgiving to all! Enjoy spending time with family and friends and remembering those who are no longer with us. 

Thank you all for everything from all of us in the Honor Foods family! 

Happy Thanksgiving
Happy Thanksgiving

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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.