MD_DA440 Butter - Western U.S. Report 47 - Released on November 23, 2021 Cream availability is mixed in the West, though contacts say enough is available to meet current production needs. Demand for cream is strong throughout the region, though some loads are reportedly facing delays due to a shortage of truck drivers. Retail demand for butter is trending upwards as purchasers continue to buy in preparation for upcoming holidays. Food service demand is steady. Contacts report strong purchasing for butter for export to international markets. Spot butter availability is tight; contacts note that inventories of unsalted butter are currently tighter than salted. Delayed deliveries of production supplies and labor shortages are causing some butter makers to run below capacity. Bulk butter overages range from 3.0 to 14.0 cents over the CME market price. Prices for: Western U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter Bulk Basis Pricing - 80% Butterfat $/LB: +0.0300 - +0.1400 Information for the period November 22 - 26, 2021, issued weekly Secondary Sourced Information: COLD STORAGE – BUTTER SUMMARY Released November 22, 2021, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). 10/31/21 Stocks in all Warehouses (1,000 pounds) as a percent of 10/31/20 9/30/21 10/31/21 10/31/20 9/30/21 Butter Stocks 299,731 324,395 281,483 94 87 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