Butter - Central
MD_DA431

     Butter - Central U.S.

     Report 15 - Released on April 14, 2021

     Churning remains busy for now, but some butter producers suggest the time for active
     churning may be limited. Cream availability was notably tighter this week. Spot cream has
     been tightening week to week for the past month. Butter plant managers report not landing
     spot cream at bids in the mid 1.20s anymore. Ice cream producers are ramping up production
     ahead of their busy season and playing a role in keeping cream from butter producers in the
     early flush season. Some contacts are interested in what a month from now will bring
     regarding the availability of cream. Butter sales are steady to robust, particularly on the
     food service side. 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:              +0.0100 - +0.0500


     Information for the period April 12 - 16, 2021, issued weekly

     Secondary Sourced Information:

     2021 U.S. BUTTER AND MILKFAT IMPORTS (USDA-FAS)
     (Imports for Consumption)
                                                2020 Imports      % Change From
                                                (Million Lb.)       1 Year Ago
     February Imports
       Total Butter, Fats, Milk (H.S. Code 0405)     4.3              - 49
       Butter
        Quota (H.S. Code 405101000)                  1.3              - 14
        Over Quota (H.S. Code 405102000)             2.2              - 34
       AMF
        Quota (H.S. Code 405901020)                  0.5              + 89
        Over Quota (H.S. Code 405902020)             0.1              - 94
       Other Milk Fat                                0.2              - 85

                                                2020 Imports      % Change From
                                                (Million Lb.)       1 Year Ago
     TOTAL, JAN-FEB                                  9.8              - 44
     Imports � Country of Origin
     1 Ireland                                      3.9              - 31
     2 India                                        2.1              - 50
     3 New Zealand                                  1.8              +246
     4 United Kingdom                               0.6              + 47
     5 France                                       0.6              - 54

     2021 U.S. BUTTER AND MILKFAT EXPORTS (USDA-FAS)

                      2020 Exports      % Change From
                      (Million Lb.)       1 Year Ago
     TOTAL, FEB            8.5             +107

     TOTAL, JAN-FEB       15.6             + 95
     Exports � Destination Country
     1 Canada             4.7             + 28
     2 Egypt              3.0         +183,519
     3 Saudi Arabia       1.7             +249
     4 Mexico             1.3             -  8
     5 Bahrain            0.8             +846

     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