MD_DA431

     Butter - Central U.S.

     Report 16 - Released on April 21, 2021

     Since roughly the ides of March, food service sales have incrementally shifted higher week
     after week. This week, butter plant contacts are saying sales were somewhat subdued. Some of
     those contacts question whether some of those once depleted pipelines have begun to fill up.
     Churning is busy in the Central region. There is another shift in direction this week, but
     this is in regards to cream availability. Butter plant managers relay finding cream in
     multiples at/around the low/mid 1.20s, again. Some plants undergoing scheduled maintenance
     in the Midwest and Eastern regions have begun to create more availability for continually
     running plants. Bulk butter buyers are still actively looking, but the focus remains on the
     unsalted, 82 percent variety. Butter market tones are wavering early in the week.
     Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter

     Bulk Basis Pricing  - 80% Butterfat $/LB:              +0.0100 - +0.0500


     Information for the period April 19 - 23, 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