CREAM MULTIPLES

WEST

Here’s what USDA/AMS had to say:

Cream production is meeting needs and loads are more available for some parts of the region. Cream multiples moved slightly higher at the top of both ranges.

CENTRAL

Here’s what USDA/AMS had to say:

Cream supplies are steady to slightly tighter. Contacts report spot cream loads are available but remain tighter in some areas of the region, while manufacturers intake near-maximum volumes of contracted cream. Contacts also indicate Class II and cream cheese production continues to ramp up, further limiting spot cream availability. Industry stakeholders report a notable volume of cream continues to move to Mexican buyers. Butter manufacturers indicate churns are operating steadily across the region.

NORTHEAST

Here’s what USDA/AMS had to say:

Cream supplies are heavy. Cream multiples moved higher for Class II, and the top of the All Classes range moved higher.