# How Long Will Butter Remain Rangebound?

> US butter prices have traded in a sideways range between $2.2675 and $2.4650 per pound since December 2022, with supply readily available for demand. Butter exports have been strong earlier but international demand has slowed. The article notes Class IV prices have held up better than Class III.

- Date: 2023-06-16 · published 2023-06-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35491-how-long-will-butter-remain-rangebound
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A stable butter market keeps Class IV milk prices supported, while slower export demand limits upside and keeps dairy-linked feed demand steady.

## Read by commodity

- MILK: neutral

## Sources

- dairyherd.com: https://www.dairyherd.com/markets/milk-prices/how-long-will-butter-remain-rangebound

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
