May 29, 2024: Dairy Week in Review

USDA’s Cold Storage Report shows butter stocks building. Butter
inventories were at 361.3 million pounds as of April 30, up 44 million
pounds from March to April, representing the largest March-to-April
build up since 2020. Butter stocks have been growing at above-average
levels in every month this year, with April stocks up 9 percent from
where they were a year ago at this time.

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