CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Cream loads are available. Demand is mixed. Multiples moved higher at the top of both ranges this week.
CENTRAL
Here’s what USDA/AMS had to say:
Milk component levels are declining, negatively impacting cream production. Class II processors are securing most spot cream in the market, but contacts say spot offers are lighter this week. Some butter makers are searching for spot volumes of cream to keep churns active. Butter production is steady to lighter.
NORTHEAST
Here’s what USDA/AMS had to say:
Cream and condensed skim milk supplies are ample across the region due to unplanned downtime at multiple plants. Despite the excess cream supplying the market, cream multiples moved higher on continued strong demand for Class II and steady interest from Class IV users.
