MD_DA451 Butter Highlights Report 26 - Released on June 26, 2020 Although, cream volumes are headed into heavier ice cream and cheese production, butter manufacturing remains active across the nation. In some instances, micro-fixing is the modus operandi in order to fill hearty butter print needs. With the recent news of possible COVID-19 spikes, uncertainty in the market continues, even as staged food service openings occur. Concerns are regularly reported regarding fall storage amounts. At this point, retail demand is strong and bulk butter requests are described as tepid as the food service/ingredient accounts are slowly coming back to the economy. Across the country, this week, bulk prices are ranging from flat market to 8.0 cents above the market. Today, the CME Group’s Grade AA butter spot price is $1.7650, down $0.0850 from last Friday. Information for the period June 22 - 26, 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