Butter - West USDA - Wed Jan 20, 9:25PM UTC MD_DA440
Butter - Western U.S.
Report 3 - Released on January 20, 2021
In the West, butter production is generally heavy as runs include salted and unsalted
butter. Domestic butter interest typically declines after the holidays and plants
consequently experience increases in inventory, which is no exception for butter
manufacturers in the region this year. Cream that is available for churning is highly
sufficient, although a drop is noted in the region�s surplus cream, as Class II cream-based
operations shift to post-holiday production gear. Bulk butter production is active and
continues to build cold storage volumes. The f.o.b. West bulk butter price is $0.0350 to
$0.0750 over the market of the CME Group, with various time frames and averages used. Retail
store sales are fair and expected to increase as some retail outlets are already discussing
orders for the upcoming holiday. Featured activity for butter is higher this week in parts
of the region. Export market trading continues to be good.
Prices for: Western U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter
Bulk Basis Pricing - 80% Butterfat $/LB: +0.0350 - +0.0750
Information for the period January 18 - 22, 2021, issued weekly
Secondary Sourced Information:
This week, a cooperative export assistance program accepted requests for export assistance
to sell 1.144 million pounds (519 metric tons) of butter.
Published by:
Dairy Market News - Madison, WI
DANIEL JOHNSON, 608-422-8605
Email: [email protected]
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
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