MD_DA451 Butter Highlights Report 41 - Released on October 13, 2023 NOTICE: After October 16, 2023, all information found on this report will transition to a new PDF format. The same data will be collected and disseminated through AMS Marketing Analysis and Reporting Services (MARS) platform. The new pdf report can be accessed on the AMS website at: https://www.ams.usda.gov/mnreports/ams_1060.pdf Milk output is increasing in the Northeast, and contacts report more volumes are becoming available for cheese production. In the Midwest, milk production is trending higher, but contacts report spot loads remain somewhat limited. Spot loads of milk are trading in the Midwest at or near $1 over Class III. Demand for Class III milk is strong in the West, and cheesemakers in the region say extra spot loads of milk are limited. Cheese production in the region is steady. Contacts in the Midwest report steady to lower cheese production this week, as some plants are down for scheduled maintenance. In the Northeast, cheese production schedules are steady to stronger, despite persistent labor issues. Cheese inventories are growing in the Northeast, while holding steady in the Midwest. Meanwhile in the West, some cheesemakers say inventories are declining slightly. Retail and food service cheese demands are strong in the Northeast and steady in the West. Contacts in the Midwest report health demand for cheese. Information for the period October 9 - 13, 2023, issued weekly Secondary Sourced Information: CME: Grade AA closed at $3.3600. The weekly average for Grade AA is $3.4430 (+0.0075). Published by: Dairy Market News - Madison, WI ROMAN CARAMAN, 608-422-8593 Email: roman.caraman@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