MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI.  February 18, 2015 (Report 7)

CENTRAL BUTTER


Midwest butter prices are steady through midweek. Retail sales were 
slower in January but have been moving up. Market tone is steady.  
Many butter churn operators are churning heavily, taking advantage of 
plentiful cream supplies and the favorable pricing. Some butter 
manufacturers are focused on rebuilding stocks. Bulk butter continues 
to be available. Bulk butter prices range from market to 6 cents over 
the market, with various time frames and averages used. According to 
the DMN National Retail Report- Dairy, the weighted average advertised 
price for a 1 lb. package of butter in the Midwest was $2.54, $1.08 
lower than the national price. The national weighted average price was 
$3.62, a 59 cent increase from last week and 65 cents higher than a 
year ago. This week, a cooperative export assistance program accepted 
requests for 2.9 million pounds of butter. The Grade AA butter price 
at the CME Group closed unchanged Wednesday at $1.7200, a 1 cent 
increase from last Wednesday.



1500CT Tara.Herbst@ams.usda.gov 608-278-4154 
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