Many butter plants are running at full capacity. Cheese production is active throughout the country, and demand picks up for milk in single-serve containers as schools return to session.
The following excerpts are from the U.S. Department of Agriculture’s Dairy Market News for the week ending Jan. 13. Read the full report here.
BUTTER HIGHLIGHTS: Nationwide, many butter plants are running at full capacity clearing most of the large cream volumes currently available in the market. Overall, butter supply is above demand as stocks continue building into cold storage for future needs later in the year. Although butter churners are focusing on bulk processing, print production is also active in some plants ahead of the upcoming Super Bowl and spring holidays retail needs. Spot sales activity for bulk is light. This week bulk butter pricing throughout the nation is 2 cents below to 8 cents above, based on the CME Group with various periods and averages used.