MD_DA431

     Butter - Central U.S.

     Report 47 - Released on November 22, 2022

     Butter producers are staying somewhat busy during the week, although there are plants with
     upcoming days off later this week and weekend. Some, though, are running through the weekend
     with spot loads of cream running at multiples reported below 1.20 for the second week in a
     row. Some plant managers say they are behind on order fulfillment and are churning as much
     as possible with current holiday related cream availability. Butter market tones continue to
     find bullish tailwinds, defying some contacts' expectations, as they moved up nearly a dime
     on Monday.
     Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter

     Bulk Basis Pricing  - 80% Butterfat $/LB:              +0.0800 - +0.1000


     Information for the period November 21 - 25, 2022, 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