Butter prices have moderated after reaching record highs. DairyVisor President Joe Spader says holiday demand has been the biggest support for the market. “There may be a shift in consumer buying patterns for butter, but it has definitely created some volatility.” Spader is somewhat disappointed in the recent activity. “Given the fact that we are in that pre-Thanksgiving window, you’d like to see the front end of the market performing better than it is,” said Spader. “We also have expectations of that milk (production) surge coming back and that’s also having a negative impact.”
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