MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. April 29, 2015 (Report 17) CENTRAL BUTTER Some manufacturers are trying to increase inventory levels but cannot with current demand. The increase in pricing at the CME Group has some producers in flux. Butter production remains steady with some increased competition for cream from ice cream manufacturers. Bulk butter prices remain at 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 24-30, the weighted average advertised price for a 1 pound package of butter in the Midwest was $2.26, with a range of $1.98-2.50. The national weighted average price is $2.86, a 40 cent decrease from last week but 1 cent higher than a year ago. The Grade AA butter price at the CME Group closed Wednesday at $1.8500, 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