MD_DA451

     Butter Highlights

     Report 8 - Released on February 21, 2020

     Throughout the nation, print/bulk butter production remains very active as copious cream
     volumes, at relatively low-priced, continues to balance into churns. In general, bulk butter
     inventories are steadily building into cold storage for later use, especially during the
     summer season when butter fat is usually scarce. Butter demands from retailers, wholesalers,
     and food service vary in every region from fair to good. This week, bulk butter pricing
     varies by regions: East, 2.0 cents to 7.0 cents over the market; Central, 1.0 cent below to
     6.0 cents above the market; West, 0.0 to 7.5 cents over the market, with various periods and
     averages used. Today, the CME Group’s Grade AA butter spot price is $1.7550, down $0.0450
     from last Friday.

     Information for the period February 17 - 21, 2020, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ANGEL TERAN-RAMOS, 6084228593
     Email: angel.teran@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