The butter market is trending lower. Cream supplies are increasing which has production on the rise. Demand has been strong during the Thanksgiving holiday and is expected to maintain this pace throughout the Christmas holiday if prices remain at these attractive levels. Overall, supplies are abundant which has forecasters predicting a lower market. History indicates that the market will decrease over the next few weeks with many buyers anticipating that it could reach its lowest level in over a year.
Milk production is also strong.
The holiday season will impact consumer demand for milk, however, the school pipeline will slow in December. Strong milk supplies impact cheese production and more milk supplies are expected to be available to cheese producers this week. As a result, the cheese market undertone is weak. Holiday orders have been heavy, however, Western offerings continue to pour in which influences this downward pricing trend. Prices decreasing Heavy Lower Class II Cream Cream Prices decreasing Heavy Lower Market information provided by the American Restaurant Association Inc, a resource organization for the hospitality industry specializing in sales and profit management tools utilized by restaurant, hotel, caterer, manufacturer, distributor and food service companies.