DAIRY TRENDS

Farmer's Report

Dairy Trends - December 3, 2021

All dairy pricing trends are based on USDA and CME data as of December 1, 2021.

BUTTER

The USDA reports that butter prices have stabilized over the past 2½ weeks, with cold storage inventories remaining adequate despite solid demand.

CHEESE

CME block markets have remained unchanged due to supply chain concerns as we get closer to the holidays, according to analysts. CME Barrel markets were up for the second week in a row after a sell-off the previous month.  

SHELL EGGS

According to Urner Barry, shell eggs are flat this week, indicating we have reached the top of the market for the holiday baking season.

MILK & CREAM

The USDA reports domestic milk production is adequate, but the demand base remains solid, and cream prices have edged higher on tighter supply. 

The data contained in the Farmer’s Report is provided for informational purposes only, is not tailored to your specific purchasing needs, and is not intended as a substitute for any other publicly-available market data or information. The Farmer’s Report is compiled from the last-received market data provided by the United States Department of Agriculture (USDA) and/or other market sources, and is subject to change without notice. Nothing herein is the opinion of US Foods®. US Foods neither assumes any legal liability nor makes any warranty or guaranty, either express or implied, regarding the completeness, accuracy or usefulness of this information.