MD_DA451

     Butter Highlights

     Report 2 - Released on January 11, 2019

     Higher post-holiday cream availability has butter makers actively churning throughout the
     country as producers work to build springtime inventories. In most cases, butter processors
     are shifting output schedules from print to bulk butter. Nevertheless, several processors
     suggest they have gotten significant print butter orders from retailers refilling the store
     shelves. Demand appears to be seasonal strong for both bulk and print butter. Bulk butter
     pricing varies among the regions: East, 5.0 cents to 8.0 cents over the market; Central, 5.0
     cents to 7.0 cents above the market; West, 2.0 cents to 7.0 cents over the market, with
     various periods and averages used. Today¶s CME Group cash price for Grade AA butter is
     $2.2575, up $0.0075, compared to last Friday¶s price, $2.2500.

     Information for the period January 7 - 11, 2019, issued weekly

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

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home