MD_DA431

     Butter - Central U.S.

     Report 26 - Released on June 29, 2022

     Butter producers are clearing cream from regional sources, as the holiday weekend
     approaches. Cream handlers are reporting similar multiples week to week, but end usage
     plants are, for the most part, allotting either a single or two days off between Friday to
     Monday, the 4th. Butter sales are seasonally quieter, but generally meeting expectations.
     Contacts are looking at export growth, and there continue to be questions raised regarding
     the quickly approaching fall demand season and availability at that time. Early- to mid-week
     churning is increasing due to the cream market loosening up somewhat due to the holiday.
     This is also expected to maintain through week 27. Butter market tones are firm.
     Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter

     Bulk Basis Pricing  - 80% Butterfat $/LB:              +0.0650 - +0.1400


     Information for the period June 27 -  July 1, 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