MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. February 25, 2015 (Report 8) CENTRAL BUTTER Central butter prices are moving lower through midweek. Butter sales are increasing. Inventory levels are average and increasing. Demand is moving up as the spring holidays near. Cream levels are mixed as some reports indicate a tight market, while others are showing surplus. 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 $3.20. The national weighted average price is $3.18, a 44 cent decrease from last week and 61 cents higher than a year ago. The NASS Cold Storage report noted U.S. butter stocks as of January 31, 2015 were 148.1 million pounds stored in warehouses, up 43.4 million pounds from December 31. The Grade AA butter price at the CME Group closed Wednesday at $1.6425, a 7.75 cent decrease 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