MD_DA451

     Butter Highlights

     Report 10 - Released on March 8, 2019

     Despite the unsteady weather and bad road conditions in some parts of the country,
     milk/cream shipments were minimally affected. In this way, butter production has remained
     quite active during the week, as vast volumes of butterfat continue to flow into churns.
     Several processors continue to stockpile inventories into cold storage, preparing for the
     anticipated high demand during the spring and summer. 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, 3.0 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 $2.2675, down $0.0200, compared to
     last Friday¶s price.

     Information for the period March 4 - 8, 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: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (MyMarketNews): https://mymarketnews.ams.usda.gov/
     DMN Database Portal: https://www.marketnews.usda.gov/mnp/da-home