Dave’s Weekly Market Update — September 8, 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 is fairly well balanced now that it has adjusted to the end of the vacation season and the opening of all the school systems, Urner Barry is saying that the “supplies are adequate”. Hopefully it stays stable for a bit.

Weekly CME Cash Dairy Product Prices September 08, 2023
Weekly CME Cash Dairy Product Prices September 08, 2023

Butter:

Butter has traded upwards with 41 loads of loads traded. It seems like the new trading range is between $2.65 and $2.75. There are still supply concerns even after the huge volumes that traded a few weeks ago. We ended up .08 for the week. 

Cheese:

Blocks fell on Friday and so far, seem to be trending back upwards. We did end up lower for the week based on the last week’s average . Barrels did rise slightly for the week.

All of us at the Honor Foods companies thank you for your continued business! We hope you have a great 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.