MD_DA431 Butter - Central U.S. Report 25 - Released on June 19, 2019 Although butter market prices have shied away from $2.40 since early last week, market sentiment remains resolute. Even as cream is expected to reach its annual peak on tightness soon, some butter plant managers relayed nabbing a load in their price comfort zone this week. Cream loads in parts of the Midwest and elsewhere in the region are still to be had in the mid 1.20s in some cases. Ice cream production has been delayed by wet, cool weather according to contacts. On the production side, churning remains partially active beside micro-fixing. Some butter plants are less active in production generally, as cream prices have them on partial hiatuses. Butter demand remains steady. Salted bulk butter is moving at overages and expected to for the near term. National Retail Report Dairy ± Butter Summary Advertised Prices at Major Retail Supermarket Outlets ending during the period of 6/14/2019 to 6/20/2019 Butter 1# Weighted Average Price National This Period Last Week Last Year Organic n.a. $5.99 $3.99 Conventional $3.54 $3.25 $3.48 Prices This Period Regional (Conventional) Wtd. Ave. Low High Hawaii $3.69 $3.69 $3.69 Midwest $2.99 $2.99 $2.99 Northeast $3.38 $1.99 $4.99 Northwest $3.35 $2.50 $3.99 South Central $3.37 $2.69 $4.49 Southeast $3.51 $3.50 $3.58 Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter Bulk Basis Pricing - 80% Butterfat $/LB: +0.0400 - +0.0750 Information for the period June 17 - 21, 2019, 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: http://www.ams.usda.gov/market-news/dairy DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home