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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.
After a long period of calmness, the market is on fire and expected to continue as holiday baking is underway!
Butter bounced around this week and still ended up down 13 cents with only 3 loads changing hands. The past 2 days there have been offers that lowered the market but no sales. To me that spells lower prices are still coming. Time to tighten our belts while at the same time being able to cover your sales. It is a hard balance to maintain but a necessary one.
Both Blocks and Barrels drifted lower this week from last week’s averages. Both markets bounced back this week and maybe have found a comfortable level for a short period of time.
All of us at Honor Foods thank you for your continued support and business! We hope you have a safe and relaxing fall weekend!
Honor Foods – Value-Added Redistributor
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.