Butter Is On A Tear This Week

Through Thursday's  close butter is up 34 and I expect Friday will have continued increase.  The cheese markets are doing the exact opposite, barrel is down 10 and block is down 7. What I see is tightness in cream availability, especially in the Midwest where most butter plants are located.  I still don’t see this as a strong enough reason for butter to shoot up like this.  When markets do this, it is often wise to sit back and evaluate instead of jumping in.  Definitely worth watching.Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn