MD_DA451 Butter Highlights Report 48 - Released on December 3, 2021 Cream is available in the Central and West regions; some contacts in the West report sending cream to other regions to support local production demand. In the East, strong demand for cream from Class II manufacturers is limiting availability for butter makers. Labor shortages in the Central and West regions are causing some butter makers to run below capacity. Butter inventories have declined in the East, in recent weeks, due to strong retail demand and limited production. Some purchasers in the region are hoping that lighter sales following the Thanksgiving holiday will cause prices to soften. In the West, stakeholders say that international demand is strong and that spot butter inventories are tight. Bulk butter inventories are tight in the Central region. Bulk butter overages range from 5 to 15 cents above market. Information for the period November 29 - December 3, 2021, issued weekly Secondary Sourced Information: The CME Group weekly average price for Grade AA butter was $1.9850, compared to $1.9900 last week. Published by: Dairy Market News - Madison, WI ROMAN CARAMAN, 608-422-8593 Email: roman.caraman@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