Cheese production levels remain high but milk production in the Northeast and Mid- Atlantic regions has leveled off, according to today's Dairy Market News, published by the U.S. Department of Agriculture.
Butter prices dipped under the $1.40 level; cheese production is robust and fluid milk processors are operating plants on extended schedules, according to the U.S. Department of Agriculture.
Ice cream/sherbet sales had not shown signs of cooling off as of late fall 2011. Although unit sales for the category were down slightly (4.29%), dollar sales increased 3.54% to almost $4.5 billion in the 52 weeks ended Oct. 30, 2011. The average price increased 26 cents during the period. The category includes three segments: frozen yogurt, ice cream and sherbet/sorbet/ices. Private-label brands led all three segments in dollar sales and units.
Welcome to Jim Carper's Dairy Case, a weekly round-up of news from dairy processors. In this issue: weekly butter and cheese prices, Dunkin' Donuts' new cheese sandwich, Fair Oaks Dairy Products, Golden Glen Creamery, Rita's Franchise Co. and 11 good reasons to eat and dDrink dairy products.
It’s hard to be optimistic with so many fundamentals in disarray - millions are out of work, the stock market gyrates daily and our President and Congress seem incapable of reaching agreement on ways to change our course or to even send a message that stability and hope lie ahead.
