MD_DA451

     Butter Highlights

     Report 5 - Released on February 1, 2019

     The polar vortex, which caused extreme cold weather during this week, especially in the
     Midwest and East, has not stopped the active production of butter in these regions of the
     country. However, some hauling issues were reported, such as delays in the delivery of
     print/bulk butter to wholesalers, retailers and food service. There were also some slowdowns
     on milk/cream shipments from dairy operations to manufacturing plants. Meanwhile, in the
     West, butter churning remains strong, adding to the pile of post-holiday stocks. In general,
     the national demand for butter is seasonally steady. 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 $2.2900, up $0.0450, compared to
     last Friday¶s price, $2.2450.

     Information for the period January 28 -  February 1, 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