Good afternoon to all! Eggs: The egg market continues to decline as the supply outweighs the demand. With restrictions getting tighter I feel this will continue into the near future. Butter: Butter rose again this week but backed off some yesterday. So far 37 loads traded hands this week so buyers must feel this […]
Read MoreGood day to all, Eggs: The egg market is weak and has been dropping. I expect to see it drop more as the demand is just not there. The tone of the market is that retail is weak and eggs are long. Butter: The butter market has rallied this week much to my surprise. […]
Read MoreHappy and safe Thanksgiving to all of you and your families. Eggs: Now that the baking season has wound down there is a weakness in the egg market. White eggs dropped -.08 this week and I would expect more of the same next week. Butter: Butter dropped a bit this week also. It […]
Read MoreGood afternoon! Eggs: The egg market has remained at these levels for a while now. With much of the holiday baking over, and restaurants being forced to reduce capacity limits, I feel the next move will be downward. Butter: Butter drifted lower this week as it continues to bounce around these levels. This is another […]
Read MoreGood day to all, Eggs:The white eggs did not move again this week. The mediums dropped .02, and the brown market rose .06 due to the tightness of supply. Butter:Butter remained calm this week and ended up with no change for the week. Cheese:Both Block and Barrel are in a major correction mode. The drops […]
Read MoreHappy Thursday to all. Eggs:The egg market remained unchanged again this week but retail demand is picking up. Butter:Butter rebounded this week after dropping .04 last Friday. I am hearing that butter will drop after Thanksgiving. With the resurgence of COVID and the closing of outdoor dining in the colder northern states, retail demand will […]
Read MoreGood day to all. Eggs: The egg market dropped .02 today as supplies are surpassing demand. I expect to see more next week. Butter: Butter dropped some this week and gave back some of last week’s gains. I still feel that we will see the market remain in the $1.40 to $1.50 range until […]
Read MoreHappy Thursday to all. Again this week, more restaurants are opening up. Here in MA, CT, and RI we only have outdoor dining but some have opened their indoor dining but at a reduced capacity. There have been volume increases, but nowhere near pre COVID levels. Many states that have reopened have had increases in […]
Read MoreGood afternoon to all of you. As states begin reopening, the foodservice business is adjusting. A few manufacturers are still having a hard time keeping up with demand. Last week I mentioned that Land O Lakes is way behind on a few Hilldale items. We are still waiting on getting that 120ct white (hopefully due […]
Read MoreGood afternoon, Eggs: The egg market has been slowly trending downwards as the breakfast business has not yet returned. There are plenty of eggs around the country. Butter: Butter made a dramatic increase this week as cream supplies “dried up” around the country. With the high demand for butterfat in ice cream and sour cream products, […]
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