MD_DA431

     Butter - Central U.S.

     Report 7 - Released on February 13, 2019

     Some market contacts suggest butter sales have been stunted recently, while others maintain
     sales are seasonally slower, but meeting expectations. Cream is readily available for butter
     churning, and butter producers are taking advantage of the quantities. Butter plant managers
     relay they are booking cream loads well ahead of time, indicating what they suggest may be a
     sign of near to mid-term oversupplies. Butter markets remain range-bound, but prices are
     starting to push nearer to the low end of that range.

     National Retail Report Dairy ± Butter Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of 2/08/2019
      to 2/14/2019


     Butter 1#                         Weighted Average Price
     National                    This Period      Last Week     Last Year
      Organic                     $5.18              n.a.         $5.22
      Conventional                $3.58             $3.55         $3.56

                                       Prices This Period
     Regional (Conventional)     Wtd. Ave.        Low           High
      Alaska                      $4.00             $4.00         $4.00
      Hawaii                      $4.99             $4.99         $4.99
      Midwest                     $1.99             $1.99         $1.99
      Northeast                   $4.07             $2.99         $4.99
      Northwest                   $3.46             $2.50         $3.99
      South Central               $2.89             $1.99         $3.49
      Southeast                   $3.05             $3.00         $3.50
      Southwest                   $4.52             $3.49         $4.99
     Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter

     Bulk Basis Pricing  - 80% Butterfat $/LB:              +0.0500 - +0.0700


     Information for the period February 11 - 15, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@ams.usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home