Dave’s Weekly Market Update — October 20, 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 once again have remained flat with the exception of brown eggs going up another .01.   

Weekly CME Cash Dairy Product Prices October 20, 2023
Weekly CME Cash Dairy Product Prices October 20, 2023


This bounced around this week and ended up exactly the same as last Thursday’s close. 12 loads changed hands so there was some activity and it ended up the same anyway. What is your guess? I still think it has to go down either late this month or closer to Thanksgiving. 


Both block and Barrel rallied this week and closed higher than the average, meaning if nothing changes, prices will be higher again next week. There was a good amount of cheese traded this week with 42 loads changing hands. My gut says we may see a little bit more of an increase before the markets stabilize at a slightly higher level.

Opportunities for you and your customers!

Due to butter’s rapid and huge rise in price, cream cheese pricing is also taking big jumps on a weekly basis. With this week’s increase in cream cheese and lack of major movement in butter we may remain at this new level and not have to increase again next Friday.   

Opportunity Buys for you!

Baker Cheese String cheese – This is packed 168 1 oz pieces (10.5lb case). This is a great opportunity if you sell schools or daycare facilities. A great individually wrapped source of protein!

Dairy Farmers of America condensed skim milk in 50 lb pails. We are still pushing this especially with all the holiday baking that is beginning to take place.

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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.