CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Plenty of cream loads are available. Reported cream multiples widened both ranges this week.
CENTRAL
Here’s what USDA/AMS had to say:
Milk component levels are strong and cream is plentiful. Contacts report light interest from butter makers, while Class II and III demand is strong. Butter production is strong, but plant managers say they are often using internal cream volumes to keep churns active and not actively purchasing spot volumes.
NORTHEAST
Here’s what USDA/AMS had to say:
Butter makers are operating churns at or near capacity due to high retail demand. Some butter facilities are taking spot loads of cream. Cream multiples this week dropped one cent at the top of the range but stayed the same at the bottom.
