MD_DA451

     Butter Highlights

     Report 3 - Released on January 18, 2019

     In general, throughout the country, butter output is active as processors capitalize on
     discounted cream values. Therefore, most churns are full of cream, while butter makers
     continue seasonally building their stocks for later use, especially in summer. Print and
     bulk butter orders from retailers are surprising stronger than expected in some regions.
     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 7.5 cents over the
     market, with various periods and averages used. Today¶s CME Group cash price for Grade AA
     butter is $2.2400, down $0.0175, compared to last Friday¶s price, $2.2575.

     Information for the period January 14 - 18, 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