The butter market is tight in most regions, with some frozen butter being reworked to meet current interest, reports Dairy Market News. Butter demand is steady into food service accounts as summer travel spurs vacation related fast food and eat-in dining. Sales into industrial accounts are steady.
Butter production is mostly lower as cream volumes clear into ice cream/frozen novelties production. Some butter/powder plant operators report the current returns on spot cream sales are too good to pass up. However, those operators also note they will have to retain cream volumes in the coming weeks to start rebuilding salted and unsalted bulk and retail inventories before holiday demand arrives.
Source: DairyBusiness Update Daily