MD_DA451 Butter Highlights Report 21 - Released on May 28, 2021 Cream is widely available for immediate butter making needs. Some butter plant managers plan to pause churns over the upcoming holiday, while others will maintain steady and unchanged production schedules instead. Inventories are stable for near term needs, and some butter makers are working to grow inventories now for later this year. Retail demand is lower but steady. Food service orders show continued improvement as various eatery sectors return to pre-pandemic levels of service. Some contacts, however, report hesitation from buyers concerned about winding up with an oversupply of butter if food service trends change unpredictably. Bulk butter prices across the country range from 1.0 to 8.0 cents above the market this week. Information for the period May 24 - 28, 2021, issued weekly Secondary Sourced Information: The CME Group weekly average price for Grade AA butter was $1.8090, compared to $1.8535 last week. Published by: Dairy Market News - Madison, WI CHELSEA ROCHELLE, 608-422-8594 Email: Chelsea.Rochelle@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