MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI.  April 8, 2015 (Report 14)

CENTRAL BUTTER

Churning has slowed for print butter with the lapse of the holidays. 
Butter manufacturers are making and storing more bulk butter as demand 
has slowed. Inventories are mixed but most manufacturers want to 
increase stocks on hand for future contract needs. Cream supplies are 
available. Bulk butter prices range from market to 6 cents over the 
market, based on the CME Group and various indices. Production levels 
are up. The NASS Dairy Products report noted February U.S. butter 
production totaled 156.1 million pounds, 4.8% lower than a year ago. 
January-February cumulative U.S. production totals 335.7 billion 
pounds, 3.1% behind 2014 during the same time span. February 
production in the Central region totaled 64.7 million pounds, 1.5% 
above last year. According to the DMN National Retail Report- Dairy, 
for April 3-9, the weighted average advertised price for a 1 pound 
package of butter in the Midwest was $2.13, with a range of $1.38-
3.98. The national weighted average price is $2.46, a 23 cent decrease 
from last week and 33 cents lower than a year ago. The Grade AA butter 
price at the CME Group closed Wednesday at $1.7500, a 1 cent decrease 
from last Wednesday's close. 






1500CT Tara.Herbst@ams.usda.gov 608-557-7007 
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