CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Spot cream loads are available. Demand is stronger, but sellers don’t always receive interest at a price point for making a transaction. Cream multiples are unchanged for week 17.
CENTRAL
Here’s what USDA/AMS had to say:
Spot loads of cream are available in the Central region, but contacts say inventories are somewhat balanced. Demand for Cream is strong from Class II and Class III processors. Butter makers say they are purchasing few spot loads as they are working through contract volumes.
NORTHEAST
Here’s what USDA/AMS had to say:
Cream multiples increased at both ends of the range this week. Ice cream manufacturers are purchasing spot volumes of cream to keep production schedules busy.
