Dave’s Weekly Market Update for 11/15/24
Valuable insights on the latest market price changes for eggs, butter, cheese, and cream products.
Eggs:
Eggs began dropping but at a slow pace luckily! I am hearing that new cases of AI are further reducing the flock, thus slowing the decline. Michael Foods is being hit hard and has been allocating their products in a big way. Newberg Egg has had a good supply, and we are good to go with their items.
Butter:
Butter declined again this week with only 11 loads changing hands. I am reading that there is a good supply, and that cream is readily available to head to the churns.
Cheese:
Both Blocks and Barrels declined again this week. Both are poised to go down even more next week. This has been a tough couple of months with all the declining markets. It is great for the end users, but not so much for all the distributors. There seems to be an adequate amount of inventory as compared to the present demand level. The domestic markets are low compared to world markets so this will create export demand and help the market stabilize before dropping much more.
Dairy opportunities for the customers:
We all wish you a safe and relaxing weekend and thank you for your continued business!
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