CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Cream multiples remain the same week over week. Contacts report cream is tighter, but they also note it is still easily purchased when needed, and availability is not affecting cream multiples.
CENTRAL
Here’s what USDA/AMS had to say:
Cream production is steady, and spot loads are available, though Class II processors continue to purchase most of the available spot volumes. Contacts say that there is still a significant volume of cream moving to Mexico. Cream prices are unchanged at both ends of the range this week. The cream market remains steady in the region.
NORTHEAST
Here’s what USDA/AMS had to say:
Class IV cream supplies remain sufficient; butter producers are maintaining five-day production schedules ahead of the typical late-season supply and demand imbalance, and ample milk is allowing some butter plants to sell spot cream into Class II channels. Cream inventories are mixed and tightening. Increased Class I draws, seasonally elevated ice cream production, and steady demand from yogurt, cottage cheese, and cream cheese operations are keeping cream demand firm. Class II and All Class cream multiples held steady this week on limited trade activity.
