MD_DA410 Butter - Eastern U.S. Report 16 - Released on April 21, 2021 Butter makers are working through stable/active production schedules in the East region. Butter operations are mostly receiving a steady amount of milk/cream supplies. There are reports cream availability is mixed in some areas. In some cases, cream contract prices are higher than spot market prices, showing seasonally higher regional cream availability. Market participants are creating future cream contracts at this time. Butter demand in the foodservice sector has been improving. Retail orders are stable to lower. Some retail/private label brands have cut back on orders. On various market exchanges, butter prices have increased. Bulk butter prices range 3 - 8 cents over the CME, with various time frames and averages used. Butter markets are stable. Prices for: Eastern U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter Bulk Basis Pricing - 80% Butterfat $/LB: +0.0300 - +0.0800 Information for the period April 19 - 23, 2021, issued weekly Secondary Sourced Information: This week, a cooperative export assistance program accepted requests for export assistance to sell 272,822 pounds (124 metric tons) of butter. Published by: Dairy Market News - Madison, WI JESSICA MUELLER, 608-422-8589 Email: jessica.mueller@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