MD_DA451

     Butter Highlights

     Report 8 - Released on February 22, 2019

     The wintry weather has not slowed butter production across the nation, at least for this
     week. Print/bulk butter output remains active in all regions. Inventories are building into
     cold storage for later usage, especially in the summer season when butterfat is usually
     scarce. At this point, cream supplies remain readily available for butter churning and most
     Class II processing needs. Butter demands from retailers, wholesalers, and food service vary
     in every region from fair to good. Bulk butter pricing varies among the regions: East, 5.0
     cents to 8.0 cents over the market; Central, 5.0 cents to 7.0 cents above the market; West,
     2.0 cents to 7.5 cents over the market, with various periods and averages used. Today¶s CME
     Group cash price for Grade AA butter is $2.2600, up $0.0100, compared to last Friday¶s
     price, $2.2500.

     Information for the period February 18 - 22, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ANGEL TERAN-RAMOS, 6084228593
     Email: angel.teran@ams.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 (MyMarketNews): https://mymarketnews.ams.usda.gov/
      DMN Database Portal: https://www.marketnews.usda.gov/mnp/da-home