MD_DA431

     Butter - Central U.S.

     Report 41 - Released on October 13, 2021

     Butter makers say butter demand is strong, but timing could be better. Cream is relatively
     pricey, and labor shortages continue to beleaguer plant managers throughout the region.
     Butter contacts say they are having to allocate inventories to assure each customer has an
     opportunity to purchase. Additionally, concerns remain regarding transportation/hauling,
     which is also adding to the stress. Deliveries are not as assured as they were just a couple
     months ago, and there is no short-term clarity regarding the growing amount of logistical
     issues. Butter market tones have regained strength this week, increasing a dime from Monday
     to Wednesday on the CME.
     Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter

     Bulk Basis Pricing  - 80% Butterfat $/LB:              +0.0100 - +0.0500


     Information for the period October 11 - 15, 2021, 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