MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI.  June 17, 2015 (Report 24)

CENTRAL BUTTER

Butter production is active, with some manufacturers making and 
storing for future contract obligations. Some contacts believe that 
the consumer demand for a more natural product is what is keeping 
retail demand steady. Inventories are mixed, but most manufacturers 
report being comfortable at current levels. Cream supplies are tighter 
as the ice cream processors are buying heavy supplies. Bulk butter 
prices are at market to 5 cents over the market, based on the CME 
Group and various indices. According to the DMN National Retail 
Report- Dairy, for June 12-18, the national weighted average 
advertised price for a 1 pound package of butter price is $3.31, a 26 
cent increase from last week and 7 cents higher than a year ago. The 
average weighted price in the Midwest is $3.76. The Grade AA butter 
price at the CME Group closed Wednesday at $1.8950, a 3.5 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