Commercial Butter Stocks Declined at a Record Pace in October

Posted by Brian Gould Fri, 23 Nov 2007 13:46:00 GMT

October commercial butter stocks decreased 44.9 mil. lbs., the most ever for October.  At the end of the month, commercial butter stocks were estimated by USDA to be 195.3 mil. lbs.   The large reduction is being attributed to strong export demand and domestic sales.