This week’s Legacy Market News has valuable information regarding both egg, dairy, and flour products. Here are some key takeaways to consider for this upcoming week:
EGGS: Market is weak, retail demand mixed. Supplies are long. Consumer demand for cartoned shell eggs have softened as the holiday passed and promotions faded. Demand is expected to carry throughout December during holiday cookie baking season.
FLOUR: Futures took a breather on a lack of Chinese buying activity, markets are poised to trade sideways until more clarity with South American weather. All grains will follow soybeans if they can again breakout near $12/bushel level.
BUTTER: Butter production was weaker than expected, price this week is higher and market is tighter than people feared. Cream sales into foodservice and retail are strong.
Buchmann Eggs is proud to offer the highest quality baking ingredients for your operation. Contact us today to see how we can assist you in increasing your customer satisfaction and sales!