DAIRY TRENDS

Farmer's Report

Dairy Trends - May 7, 2021

All dairy pricing trends are based on USDA and CME data as of May 5, 2021.

BUTTER

Butter prices are trending slightly lower this week. USDA reports that butter production rates are stable to lower. There is strong demand from both foodservice and retail being reported.

CHEESE

On the CME, blocks are flat vs. last week and barrels are slightly up vs. last week.

SHELL EGGS

According to Urner Barry, shell eggs are down vs. last week, primarily due to a slow demand season.

MILK & CREAM

USDA reports there is plenty of milk available across the country for processing operations. Cream supplies remain adequate for most processing needs.

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.