Dave’s Weekly Market Update for 10/25/24
Valuable insights on the latest market price changes for eggs, butter, cheese, and cream products.
Eggs:
The egg market is ridiculous at this point! It is up $1.07 a dozen since last Thursday. It does not make sense to move in the manner that it does! Once it tops out, there will be another bloodbath like we saw recently.
Butter:
What a change, 161 loads traded last week down to 10 so far this week. We are down .08 in our pricing for next week. I really do not expect much of a change next week but after the recent past it is only a guess!
Cheese:
There were not many loads traded this week, but the cheese did trend downward slightly. I think the Barrel will drop more next week. Hopefully, soon, we will have some stability in the markets, and we can all get back to making some margin on cheese as opposed to the losing streak we have all been on.
Cheese and Cream Cheese:
Cream cheese has been drifting downwards for a while now. Next month, you will see the 1st decrease in cream since last December! That will be a welcome relief to operators whose costs have continuously risen!
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We all hope you have a wonderful weekend and thank you for your continued business!
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