MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI.  April 22, 2015 (Report 16)

CENTRAL BUTTER
 
Butter demand is mixed, with most contacts reporting strong demand. 
Some manufacturers are saying sales are down as retail advertisements 
are down. Inventories are mixed. Some manufacturers are building 
inventories for future contract obligations and others are unable to 
as all production is meeting current commitments. Cream supplies are 
also mixed, with some manufacturers reporting that instead of selling 
extra cream, they are churning butter. Bulk butter prices are 
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 17-23, the weighted average advertised 
price for a 1 pound package of butter in the Midwest was $3.00. The 
national weighted average price is $3.26, a 45 cent increase from last 
week and 41 cents higher than a year ago. The Grade AA butter price at 
the CME Group closed Wednesday at $1.8300, a 6 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