CREAM MULTIPLES
WEST
Here’s what USDA/AMS had to say:
Class II demand is up as holiday baking approaches and cream is drawn for extended-shelf-life production.
CENTRAL
Here’s what USDA/AMS had to say:
Cream availability is tightening in the Central region as Class II processors increase production schedules and absorb available cream volumes. Nevertheless, spot cream loads remain accessible across the region. Industry contacts report increased production of cream cheese and extended shelf-life products, while ice cream production continues its seasonal decline. Butter manufacturers indicate churns are operating at steady schedules. Inventories of 80 percent butterfat butter remain ample, while supplies of 82 percent butterfat butter are reported as tight.
NORTHEAST
Here’s what USDA/AMS had to say:
Spot cream loads are available in the East, with active trading. Spot cream purchases for immediate needs are trading at the top of the range. Multiples for All Classes are higher on the top end of the range and unchanged at the bottom end. Class II multiples are also higher at the top end of the range and unchanged on the bottom end. Butter production is steady, with churns running six days a week.
