It is baked with butter oil as an accent, giving it a burnt butter flavor. Product contents: Wheat flour, sugar, vegetable oil, shortening, bread crumbs, sweetened condensed milk, butter, glucose, coconut, salt, skim milk powder, margarine, butter oil, butter powder, leavening agent, flavoring, emulsifier, seasoning (amino acids), (some ingredients contain soybeans). Instructions: Store away from direct sunlight and in a cool, dry place.