USDA West Butter 11/19 15:00

AMS_1091 MARS

Butter - West U.S.

Released on November 19, 2025

Milk production continues to be up for 2025 compared to the year prior; 
however, stakeholders note cream volumes vary from steadily available to 
somewhat tight. Cream demand from butter producers is stronger. Butter 
production schedules are strong as we approach late November/December holidays. 
Manufacturers generally note retail lines are running at or close to maximum 
capacities working through cream volumes. Bulk production lines are heavily 
churning and largely being focused on loads for international buyers. Domestic 
and export demand for butter varies from steady to stronger. The CME closing 
butter price picked up some steam throughout week 46 and closed at $1.5750 to 
end last week, but dropped to $1.4800 for Wednesday, November 19.

Prices for: West, All First Sales, F.O.B., Grade AA, Edible Butter

Basis Pricing - 80% Butterfat:               -0.03-0.02


Information for the period November 17 - 21, 2025, issued weekly

[0600059B]