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Butter Sales Weaker in November, Supplies Plentiful

This week’s Legacy Market News Update has important information regarding products for the holiday week. Here are some key takeaways to consider:

EGGS: Consumer demand for cartoned shell eggs posted a modest increase over the past week which is expected to continue into the current week on last minute consumer shopping. Wholesale prices for cartoned shell eggs held steady through the week supported by good movement at retail outlets as consumers make final preparations for their holiday celebrations.

FLOUR: Spring wheat futures saw limited support from reported cargos heading to China. FSU and Russian exports, in addition to a large Australian wheat crop, caused softness in the wheat markets.

BUTTER: Cream supplies in the US remain plentiful, and extra heavy (like normal) for the last two weeks of the year. The hard data on US retail butter sales was weaker than expected for November.

Buchmann Eggs has the highest quality baking ingredients for your operation! Contact us today to see how we can assist you in providing the best service and products.

To view the full report, click here.

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