CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Cream demand is stronger, while cream volumes are generally tighter. Cream multiples moved slightly higher for the top end of both ranges.
CENTRAL
Here’s what USDA/AMS had to say:
Cream production is declining in the region. This decline is counterbalanced by declining demand from ice cream makers, keeping spot volumes of cream available in the region. Butter makers are securing available cream to run busy production schedules.
NORTHEAST
Here’s what USDA/AMS had to say:
Cream multiples remain strong, despite the top end of the range dropping slightly. Multiple contacts report a steady amount of cream to buy on the market.
