MD_DA451

     Butter Highlights

     Report 33 - Released on August 16, 2019

     With the reopening of most schools soon, Class I milk standardization is very active across
     the nation, resulting in increased cream volumes available to churners. In some processing
     plants, the microfixing output process has been considerably reduced. Bulk/print requests
     from retailers, wholesalers, and the food service sector vary in each region of the country.
     This week, bulk butter pricing varies among the regions: East, 5.0 cents to 8.0 cents over
     the market; Central, 2.0 to 3.0 cents above the market; West, 1.0 cents to 7.5 cents over
     the market, with various periods and averages used. Today, the Grade AA butter price at the
     CME Group closed at $2.3400, up 0.0250 from last Friday.

     Information for the period August 12 - 16, 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: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov