USDA report: Some cheesemakers are building inventories intentionally
The USDA also finds that cream cheese and ice cream makers are creating a demand for cream.
Heavy seasonal milk supplies continue to support full cheese production schedules. Cheddar and provolone sales are good while mozzarella has slowed. Following are highlights from the USDA’s Dairy Market News for the week of May 11 to 15. Download the complete newsletter, including the national retail report, here.
Bulk butter prices are at 4 to 6 cents over market in the Northeast, from even to 6 cents over in the Central region and 4 cents under to 5 cents over market in the West. Friday at the CME Group, Grade AA butter closed at $1.9725, down $.0125 from last Friday.