MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. April 15, 2015 (Report 15) CENTRAL BUTTER Current butter promotions are aiding in demand for butter. Sales are up slightly with the warmer weather setting in. Some manufacturers believe that unfavorable weather conditions in other regions have also helped with the increase in sales. Export demand is down, with some companies importing butter due to better pricing. Production is steady as some manufacturers are making and storing product for future demand. Cream supplies are available. Some companies are buying cream loads at the beginning of the week, when butter sales are higher and selling cream at the end of the week when their butter sales are slower. Bulk butter prices remain unchanged, ranging from market to 6 cents over the market, based on the CME Group and various indices. According to the DMN National Retail Report- Dairy, for April 10-16, the weighted average advertised price for a 1 pound package of butter in the Midwest was $2.19, with a range of $1.89-2.49. The national weighted average price is $2.81, a 35 cent increase from last week and 2 cents higher than a year ago. The Grade AA butter price at the CME Group closed Wednesday at $1.7700, a 2 cent increase 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