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(FOX BUSINESS) – America is facing a butter shortage right before the holiday season. According to data from the United States Department of Agriculture (USDA), the amount of butter sitting in U.S. storage facilities in August fell 10% month-over-month. However, it was down 22% compared to the same time a year ago.
For example, there was over 282 million pounds of butter in warehouses last month, down from over 362 million pounds in August 2021, according to data compiled by the USDA.
The Agriculture Marketing Service’s recent Dairy Market News report shows supplies are tight around the nation. In the report, officials say demand is outpacing supplies in the West, where producers are running reduced production schedules.
