MD_DA431 Butter - Central U.S. Report 47 - Released on November 18, 2020 Butter producers are reporting mixed tones on cream availability. Some say offers were generally quiet, while others say they are still receiving cream if they choose to take on extra loads at similar multiples to previous weeks. Cream availability expectations are all pointing to more cream becoming available as early as next week and into early 2021. The narrative remains similar regarding sales late into the holiday production season. Food service is not and is not expected to be where it has been in previous, pre-COVID-19, years. Retail buying increases have helped allay some of the fallout from the food service side, but market prices are and have been strained in 2020 compared to previous years. For reference, butter prices on the CME closed at $1.3750 today, compared to November 18th 2019, when butter prices closed at $2.0750. Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter Bulk Basis Pricing - 80% Butterfat $/LB: 0.0000 - +0.0500 Information for the period November 16 - 20, 2020, issued weekly Published by: Dairy Market News - Madison, WI ISRAEL WEBER, 608-422-8601 Email: israel.weber@usda.gov Additional Dairy Market News Information: Dairy Market News (DMN) by Phone: (608)422-8602 DMN Website: https://www.ams.usda.gov/market-news/dairy DMN MARS (My Market News): https://mymarketnews.ams.usda.gov