MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI.  May 13, 2015 (Report 19)

CENTRAL BUTTER

Central butter production remains active. Manufacturers still want to 
make and store butter for future needs. Some are able to while other 
are concerned about future supplies. The current pricing at the CME 
Group has several buyers and sellers befuddled. Some feel the market 
should be going down instead of up. Cream supplies are plentiful 
although the supply is lower than last week. 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 May 8-14, the weighted average advertised price for a 1 pound 
package of butter in the Midwest was $2.50. The national weighted 
average price is $3.09, a 30 cent decrease from last week but 18 cents 
higher than a year ago. The Grade AA butter price at the CME Group 
closed Wednesday at $2.0600, a 17 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