MD_DA451 Butter Highlights Report 3 - Released on January 22, 2021 Nationwide, butter producers are reporting similar tones this week to last week; churning is busy, as cream remains readily available. Butter production is generally heavy as runs include salted and unsalted butter. As butter interest typically declines after the holidays, demand for wholesale bulk butter is moderate and buyers generally order as needed. Having said this, retail sales are being impacted by the seasonal dip in demand. Contacts say butter inventories are steadily building into cold storage. Today, the CME Group’s Grade AA butter spot price is $1.4025, up $0.1125 from last Friday. Information for the period January 18 - 22, 2021, issued weekly Published by: Dairy Market News - Madison, WI Jason Karwal, null Email: Jason.Karwal@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