Publication Note: Due to a timing change in the data release, this report will be sent at approximately 3:30 PM CT moving forward.
CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Cream remains readily available in the West. Cream demand is stronger. Cream multiples moved higher this week. Condensed skim milk demand and availability are unchanged.
CENTRAL
Here’s what USDA/AMS had to say:
Cream multiples increased slightly this week. Cream production is strong, and spot loads are available in the region. Demand for cream varies by end use. Cream cheese and Class II demand is strengthening, while sales to churns are light. Butter makers say they have cream available internally to maintain busy production schedules and are not as actively purchasing spot cream volumes.
NORTHEAST
Here’s what USDA/AMS had to say:
The cream multiples tightened at the bottom of the range this week with more cream volume going to Class II and III producers. Condensed skim demand is balanced with available supplies. Spot sales of condensed skim were much lighter this week compared to previous weeks and were at flat market value.
