Butter - Central
MD_DA431 Butter - Central U.S. Report 33 - Released on August 12, 2020 Butter makers say cream is slightly tighter, but there is enough to keep Midwestern plants at or near capacity. A few butter plant managers suggest they are fortunate to have internally sourced cream, because offers from outside their organizations would be out of their financial grasp. Regardless, cream churning is busy in both the upper Midwest and in the south Central areas. Additionally, bulk butter loads are available. Retail demand has slid, and food service numbers lag behind previous years' numbers. Undoubtedly, butter makers are working through potential food service hurdles with school populations expected to be lighter and/or start times to be delayed. Butter market tones are unsteady. Some butter market participants relay $1.50 to $2.00 butter market prices are expected until the year's end. 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 - +0.0700 Information for the period August 10 - 14, 2020, 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