MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI.  April 1, 2015 (Report 13)

CENTRAL BUTTER

Demand for print butter was strong this year for Easter/Passover, but 
churning operators have now wrapped up production. Some manufacturers 
are making butter to store for future needs. Inventory levels are 
mixed. Cream supplies are tight as ice cream production has increased. 
Export demand is light at current global pricing levels. Bulk butter 
prices range from market to 6 cents over the market, based on the CME 
Group and various indices. Bulk butter stocks are mixed, with some 
manufacturers reporting levels the same as a year ago. According to 
the DMN National Retail Report- Dairy, for March 27-April 2, the 
weighted average advertised price for a 1 lb. package of butter in the 
Midwest was $2.30, with a range of $1.87-2.59. The national weighted 
average price is $2.69, a 34 cent decrease from last week and 5 cents 
lower than a year ago. The Grade AA butter price at the CME Group 
closed Wednesday at $1.7600, a 7.5 cent increase 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