MD_DA431

     Butter - Central U.S.

     Report 3 - Released on January 19, 2022

     Midwestern butter churners are calling for cream, according to nationwide contacts. Churning
     has been very active since before the holidays, as cream availability increased, and there
     is still some to be found in both the region and the West. Freight continues to be the
     biggest hurdle, particularly when moving cream from Idaho and the Mountain States area to
     the upper Midwest. Butter sales have begun to settle. The holidays were very busy, but
     market prices have caused some buyer hesitancy in recent weeks. Still, bulk butter remains
     tight, while market sentiment is distinctly bullish.
     Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter

     Bulk Basis Pricing  - 80% Butterfat $/LB:              +0.1100 - +0.1500


     Information for the period January 17 - 21, 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