Happy 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 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 […]
Read MoreEggs:The egg market found a balance this week with only the brown market moving upwards. Butter:Butter turned around this week and all of last week’s drops were erased. There is still a lot of butter available, and I believe this week’s jump was people taking advantage of the very low market. I do not feel […]
Read MoreGood afternoon to all, Eggs: The egg market came to life this week and went up .05.. We will see more, but I do not expect anything crazy. Butter: Butter took a wild ride this week. It went as high as $1.60 but then ended up lower than last Thursday. There was not much activity […]
Read MoreHappy Thursday! Eggs: The egg market again remained stable. It has been a while since it has been so calm. Butter: Butter traded actively this week with 57 loads trading so far this week. We are up .05 for the week at this point. I still expect the trading range to be between mid $1.40’s to […]
Read MoreGood day to all, Eggs:The egg market is well balanced and again there was no movement. The extra-large market moved up .02 but all our eggs are based on the large market. This might be an indicator of a future increase. Butter:Butter dropped .02 this week and continues to trade in the same range. Below […]
Read MoreEggs:The supply and demand on eggs seem to be in balance, and there was no movement in the market this week. The foodservice demand is not there yet and there are plenty of eggs available. Butter:Here is a snapshot of what has been going on this week at the CME. “Butter started rising on Monday […]
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