USDA Northeast Print Butter 07/23 11:00

AMS_1090 MARS

Butter - East U.S.

Released on July 23, 2025

Butter manufacturing is slowing and contacts say the rest of the summer will 
see reduced production. Spot loads of cream are readily available on the market 
and contract loads are more than sufficient to cover butter production. Some 
butter manufacturers are selling cream for use in other commodities due to high 
cream multiples and slow production schedules. Inventory levels of butter are 
healthy, with more than enough supply to cover demand. Retail sales activity 
remains steady. Bulk butter sales are slow. International demand for U.S. 
butter is low. The CME price for Grade AA butter dropped over 10 cents since 
the start of last week, including a $0.035 drop so far this week.

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

Basis Pricing - 80% Butterfat:               -0.02-0.05


Information for the period July 21 - 25, 2025, issued weekly

[0600059B]