MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI.  March 18, 2015 (Report 11)

CENTRAL BUTTER

Central butter prices moved lower this week. Many butter churns are 
full as operators get ready for spring holiday retail orders. Contacts 
report food service demand has flattened as orders dwindled. 
Inventories of butter are light to moderate as some manufacturers are 
unable to grow stocks with current interest. Some butter churn 
operators' production rates were slightly reduced as a result of cream 
supplies firming up from Easter demand for Class II dairy products. 
Bulk butter prices are unchanged on steady demand and increased 
supplies, ranging from market to 6 cents over the market, based on the 
CME Group and various time frames. According to the DMN National 
Retail Report- Dairy, for March 13-19, the weighted average advertised 
price for a 1 lb. package of butter in the Midwest was $2.50. The 
national weighted average price is $3.26, a 24 cent increase from last 
week and 35 cents higher than a year ago. The Grade AA butter price at 
the CME Group closed Wednesday at $1.6800, a 2.5 cent decrease from 
last Wednesday's close. 




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