MD_DA431 Butter - Central U.S. Report 19 - Released on May 12, 2021 Butter producers report inquiries for bulk salted butter have increased. Cream is not regarded as tight. Conversely, butter plant managers do not report it as loose, either. Some butter makers are clearing cream loads from Western suppliers, despite increasing freight costs. Although food service demand has rebounded some, general demand is mixed as retail sales are seasonally quiet. Butter producers are using time to churn ahead for fall demand expectations. Market tones are strengthening early in the week. Some contacts expect butter market tones to continue strengthening for the near-term. Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter Bulk Basis Pricing - 80% Butterfat $/LB: +0.0150 - +0.0600 Information for the period May 10 - 14, 2021, issued weekly Secondary Sourced Information: This week, a cooperative export assistance program accepted requests for export assistance to sell 524,700 pounds (238 metric tons) of butter. Published by: Dairy Market News - Madison, WI ISRAEL WEBER, 608-422-8601 Email: israel.weber@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
Butter - Central