MD_DA451 Butter Highlights Report 46 - Released on November 13, 2020 Across the country, butter makers say they are fully supplied on cream. Thus, butter production remains active at most major butter operations, while orders remain resilient for print accounts. Some industry stakeholders suggest COVID-19 testing and quarantines are leading to employee shortages, while putting a crimp on scheduling and churn rates. In some cases, butter supplies continue to be reworked to fill current orders as manufacturers hope to trim inventories ahead of probable butter price declines in the short term. That said, the butter market is on ambiguous ground right now. This week, bulk butter pricing varies by regions: East, 2.0 cents to 7.0 cents over the market; Central, 0.0 cent to 5.0 cents above the market; West, 2.0 cents to 7.5 cents over the market, with various periods and averages used. Today, the CME Group’s Grade AA butter spot price is $1.4000, down $0.0300 from last Friday Information for the period November 9 - 13, 2020, 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