CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Cream remains widely available in the West. Cream demand varies from steady to lighter. The bottom end of the All-Classes cream multiples range moved slightly higher. Condensed skim milk demand and availability are steady.
CENTRAL
Here’s what USDA/AMS had to say:
Cream production is strong, and spot loads of cream are available. Demand for cream from cream cheese makers and other Class II processors is strengthening, but contacts report light demand from butter makers. Class II cream multiples are unchanged at the bottom of the range, but multiples increased at top of the range and across the All Classes range.
NORTHEAST
Here’s what USDA/AMS had to say:
Cream multiples for all Classes increased. Demand for fluid cream destined to Canada is increasing as Canadian manufacturers are also preparing for holiday demand.
