Dave’s Weekly Market Update for 06/13/25
Valuable insights on the latest market price changes for eggs, butter, cheese, and cream products.
Eggs:
The egg market firmed up this week with very minor increases. The further processed market is drifting downwards slightly. There will be a Michael’s Food decrease in July, with the exception of the pasteurized shell eggs, which are rising. Hopefully there will be some decreases passed along on the Newburg egg product, but I will not see that until later today.
Butter:
Butter had another week of heavy trading at the CME with just under 4 million lbs changing hands again. It certainly seems like there is strong support for butter in the mid $2.50s.
Cheese:
Blocks drifted lower this week with mellow trading (13 loads). If nothing changes, we will see a decrease again next week as the close is lower than the average. The barrels were flat. A note on Barrels. As of June 1st, the Federal Milk Marketing Board is no longer using the Barrel market to price the milk that producers buy. Some American was priced by a blended average which was the following. 7% of the butter market added to 93% of the Barrel market. Now that is priced as follows. 7% of the butter market plus 93% of the Block market. This did cause a slight increase in some of these prices.
Cream Cheese:
This went up .02 again as it lags behind butter and has been creeping up slowly.
The entire Honor Foods team wants to thank you for your continued support and business! We hope you have a safe and relaxing weekend.
Once again, it is supposed to rain in the Northeast, where I am located (Western Mass.). Hopefully, it is better where you are!
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