Good afternoon, Eggs: Much to my surprise, eggs dropped a little this week. I still expect it to turn around but time shall tell. I have not heard any more reports of the A1 bird flu popping up. Butter: Butter rose this week with 19 loads changing hands at the CME. I feel that some […]
Read MoreGood afternoon, Eggs: Eggs dropped again this week. With the outbreak of A1 influenza in a flock in Delaware, I expect this to turn around and potentially fast and furiously. Butter: The market went slightly lower this week, but this is the week of Cabot’s price increase of .04 on butter. Those items will go up but not […]
Read MoreGood day to all, Eggs: The market is correcting downwards as supplies are growing and demand is not that vibrant. I expect more downward movement next week. Butter: Butter has taken a wild ride this week. Starting with a .175 jump last Friday. We are still somewhat higher today than last Thursday, but nowhere near the .28 it […]
Read MoreGood afternoon to all and happy Thursday! We are almost there! Eggs: The market is starting to correct itself after the large run up. The loose egg inventory is building but the demand for cartons is still strong. I would look for more downward pressure in the coming weeks. Butter: Butter found some strength this week while only […]
Read MoreGood afternoon to all, Eggs: The market turned around and jumped yesterday much to my surprise. The tone of the market is full steady which usually means a big jump is on its way. Today they are saying this inventory is short compared to demand. Butter: We are close to the record high price of butter […]
Read MoreGood afternoon to all, Eggs: The egg market has been correcting downward and is slowing down. The tone of the market is “Attempting to settle”. There may be some more slight drops but I think it will remain around this level for the near future. Please note that yesterday’s butter market was $2.83 not the $2.10 listed […]
Read MoreHappy Thursday. II is a beautiful day in the North East! Eggs: As holiday demand has not yet hit the retail sector, there are still a lot of eggs available. Farmers are reluctant to shrink their flocks since demand should pick up shortly. For further processed eggs, the market is up. Commercial baking is in full […]
Read MoreGood afternoon, Eggs: Markets are adjusting downwards as inventories build. I do not believe we will see much more in the way of decreases but we can never be sure. Butter: The butter market has also shown signs of weakness this week. The world market is in a position not experienced in a long time, […]
Read MoreGood afternoon to all! Eggs: The egg market has remained stable, but inventories are building, and the next move will probably be downward. The opposite applies to processed egg products. Due to seasonal demand, breaking stock (which are used by the processors) are up and prices are rising on liquid and frozen egg items. Butter: This week, […]
Read MoreGood afternoon to all Product availability. What can I say? In my 40+ years of doing this, I’ve never seen anything like this in the supply chain. Multiple problems are at play. To start, manufacturers cannot get enough help to run their operations, whether they are processing raw materials or producing finished products. We are also experiencing […]
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