MD_DA440 Butter - Western U.S. Report 38 - Released on September 22, 2021 Butter churning schedules remain mixed across the West, and plant managers throughout the region generally report that current cream supplies are meeting their varying production needs. Some contacts indicate strong ongoing demand for unsalted butter, in both domestic and international markets, is surpassing availability. Salted butter inventories, however, are abundant and available for spot and contract sales. Retail sales are steady. Some stakeholders say food service orders are trending level to higher, but others have noted spottier demand as some restaurants weather staffing shortages, reduced hours of service, and/or dine-in restrictions. Western bulk overages are unchanged from last week and range from 2.5 to 7.5 cents over the CME market butter price. Prices for: Western U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter Bulk Basis Pricing - 80% Butterfat $/LB: +0.0250 - +0.0750 Information for the period September 20 - 24, 2021, issued weekly Secondary Sourced Information: CME CLOSING PRICE The Grade AA butter price at the CME Group on Wednesday closed at $1.7225, compared to the weekly average price of $1.8075 from last week. Published by: Dairy Market News - Madison, WI CHELSEA ROCHELLE, 608-422-8594 Email: Chelsea.Rochelle@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