MD_DA451 Butter Highlights Report 11 - Released on March 19, 2021 Cream abounds in the West, but supplies in the Central and East regions are beginning to tighten. Butter churning is ongoing nationwide, and levels of operation vary with regional cream availability. With that said, butter inventories are heavy; fresh butter is plentiful, and contacts also report receiving orders for old crop butter. Export interest is stable. Retail demand is strong in advance of spring holidays. Food service sales continue to rise slightly, with some producers seeing butter orders nearing pre-COVID levels. This positive food service demand correlates with positive market tones over the last few weeks. Information for the period March 15 - 19, 2021, issued weekly Secondary Sourced Information: The CME Group weekly average price for Grade AA butter was $1.7020, compared to $1.7005 last week. Published by: Dairy Market News - Madison, WI ISRAEL WEBER, (608)422-8601 Email: Israel.Weber@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