MD_DA451 Butter Highlights Report 19 - Released on May 13, 2022 Ice cream makers throughout the country are pulling heavily on cream supplies. Cream output is trending higher in the East, though butter makers say that availability is not increasing. In the Central region, some managers say that they are sourcing loads of cream from the West. In the Central and West regions, butter makers are running busy schedules as they work to build inventories. In the East, production schedules vary; some butter makers say that their production runs are limited by lighter than normal cream intakes. Some grocery store shoppers are, reportedly, purchasing less butter due to high prices. Food service demand is steady nationwide. Inventories of salted butter are mixed in the Central region, though unsalted butter supplies are slim. In the West, contacts report that loads of unsalted butter are becoming more available. Bulk butter overages range from 4 to 15 cents above market, across all regions. Information for the period May 9 - 13, 2022, issued weekly Secondary Sourced Information: CME: Grade AA closed at $2.7050. The weekly average for Grade AA is $2.6540 (+0.0065). Published by: Dairy Market News - Madison, WI ROMAN CARAMAN, 608-422-8593 Email: roman.caraman@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