Episode Details

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.

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