MD_DA451

     Butter Highlights

     Report 42 - Released on October 18, 2019

     As the Q4 holidays approaches, butter sales remain very active throughout the country.
     Consequently, cold storage butter stocks continue to decline in most manufacturing plants.
     Cream volumes are reported as readily available for churning, but also enough in order to
     cover other processing needs such as sour cream, cream cheese, and ice cream. In the U.S.,
     this week, bulk butter pricing varies by regions: East, 5.0 cents to 8.0 cents over the
     market; Central, flat market to 3.0 cents above the market; West, 5.5 cents under to 7.5
     cents over the market, with various periods and averages used. Today, the Grade AA butter
     price at the CME Group closed at $2.1150, up $0.0200 from last Friday.

     Information for the period October 14 - 18, 2019, 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