MD_DA431

     Butter - Central U.S.

     Report 49 - Released on December 02, 2020

     Some butter producers report their prepared fall volumes are moving quickly. That said, some
     have reported government orders have receded, and they are focusing more on their retail
     customers. Food service remains slow, and butter contacts are still waiting for the full
     impact of restaurant closures/restrictions. Cream has been, and is, widely available at
     declining prices. Multiples are sliding, as has been expected, following the holiday. Butter
     producers are unconcerned about finding cream for the rest of the month/year. Butter market
     tones are improving day to day this week, but this fall has been anything but bullish for
     the typically stalwart butter market.
     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 November 30 -  December 4, 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