Butter - Central
MD_DA431

     Butter - Central U.S.

     Report 3 - Released on January 20, 2021

     Butter producers are reporting similar tones this week to last week. Churning is busy, as
     cream remains readily available from the Midwestern and Western regions. Cream multiples,
     within the Central region, have come up week to week, but they remain accessible for the
     churn. Contacts say butter inventories are growing. Demand notes are following the recent
     trend. Retail remains steady, as holiday pipelines have been refilled. That said, food
     service demand notes have seen better days. Some butter producer contacts expect the food
     box programs to assist markets, following an $.1150 bump on Tuesday. However, they have
     concerns about inventories, which are growing alongside milk/butterfat yields.
     Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter

     Bulk Basis Pricing  - 80% Butterfat $/LB:              0.0000 - +0.0500


     Information for the period January 18 - 22, 2021, issued weekly

     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