CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Cream loads are generally available. Demand varies from steady to stronger. Cream multiples are higher at the bottom of both ranges.
CENTRAL
Here’s what USDA/AMS had to say:
Cream production is strong and spot volumes remain available. Demand from Class II processors remained somewhat light this week, but interest from butter makers is increasing. Some butter makers say they are buying additional volumes of cream to run full production schedules and keep pace with strengthening demand, but others note they continue to use internal volumes to keep churns active.
NORTHEAST
Here’s what USDA/AMS had to say:
Cream multiples are trending higher on recent spot activity, including reported premiums for fast-fill needs. Class IV remains a significant outlet for available cream. Butter plants are running at capacity, building storage for the back half of the year and preparing for the anticipated shift in cream demand toward Class II.
