Today the numbers for "Cold Storage" published came out. http://usda.mannlib.cornell.edu/usda/current/ColdStor/ColdStor-10-22-2009.pdf
If anyone can make heads or tails of the butter numbers, I would like to hear from them because, I can't.
We made 13 million pounds less butter, -1.2% than last year yet, the inventories are up 23%. Sure imports are way up but, not enough to explain the numbers in today's report.
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Maybe that is why the butter price is on the rise!
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