CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Cream availability is steady, with loads available across the region. Availability has increased in the Southwest following equipment upgrades, and contacts in the Mountain region report cream is moving out steadily.
CENTRAL
Here’s what USDA/AMS had to say:
Cream availability in the Central region is stable, and contacts describe steady current market conditions with no significant changes expected. Manufacturing facilities are reported to be taking in maximum contract cream supplies. Spot cream loads are available, but butter manufacturers report most spot volumes are moving to Class II and Class III users. Regional churns are operating at regular schedules.
NORTHEAST
Here’s what USDA/AMS had to say:
Most facilities are taking maximum contract-cream volumes, and some are purchasing spot loads. Cream is available across the Northeast. Contract volumes are moving as scheduled and some spot loads are trading, including sales into the Southeast. On market activity, multiples for the bottom end of the price range remain steady, with the top end declining modestly.
