MD_DA451 Butter Highlights Report 13 - Released on April 2, 2021 Cream availability and butter production schedules vary from region to region. Butter inventories are up year-over-year, and the butter market tone is stable. Retail orders, bolstered by spring holiday cooking and baking, are surpassing expectations. Food service butter demand continues to grow nationwide. Export interest is steady, but some contacts are questioning if higher butter prices could start tarnishing the luster U.S. butter has had recently in international markets. Information for the period March 29 - April 2, 2021, issued weekly Secondary Sourced Information: The CME Group weekly average price for Grade AA butter was $1.8194, compared to $1.7200 last week. 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