MD_DA451 Butter Highlights Report 25 - Released on June 19, 2020 Butter production is lower as cream volumes are becoming less available for churning. In some cases, processors rely heavily on microfixing in order to make print butter. Butter retail sales are healthy, but foodservice sales are down from last year due to COVID-19. Export interests have declined as the U.S. butter does not have a competitive price advantage over butter from other countries. Across the country, this week, bulk prices are ranging from 2.0 cents below the market to 8.0 cents above the market. Today, the CME Group’s Grade AA butter spot price is $1.8500, down $0.0200 from last Friday. Information for the period June 15 - 19, 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