MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI.  January 21, 2015 (Report 3)

CENTRAL BUTTER

Butter prices are mostly steady on a stable market. The Global Dairy 
Trading market is currently above the U.S. market, which is spurring 
some export interest. Domestic sales are at moderate levels within the 
region with a few suppliers noting reduced sales. Buyer interest is 
mainly for salted butter. Some butter churn operators sold volumes of 
cream to avoid building butter supplies, while others continued to 
purchase spot loads of cream at advantageous prices. Bulk butter 
prices are ranging from market to 6 cents over the market, with 
various time frames and averages used. Wednesday at the CME Group, 
Grade AA butter closed at $1.5500, up $0.0075 from last Wednesday. 
This week, a cooperative export assistance program accepted requests 
for 1.80 million pounds of butter. 


1500CT Ryan.Studnicka@ams.usda.gov 608-278-4155 
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home