MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI.  June 24, 2015 (Report 25)

CENTRAL BUTTER

Butter production in the Central region is trending lower. Some butter 
producers report they are running into competition from Class II 
manufacturers for local cream supplies as ice cream/frozen dessert 
production gears up. Butter inventories vary from plant to plant. Some 
manufacturers indicate inventories are growing as planned, ahead of 
the summer, when cream supplies usually tighten. However, the recent 
price decline at the CME Group has injected some uncertainty into the 
churn and hold strategy.  According to the DMN National Retail Report- 
Dairy, for June 19 - 25, the national weighted average advertised 
price for a 1 pound package of butter price is $3.11, a 20 cent 
decrease from last week and 13 cents lower than a year ago. 
Regionally, the weekly average prices and changes from the prior week 
were: Midwest, $2.91, -85 cents; South Central, $2.98, +1 cent. Bulk 
butter prices are at market to 5 cents over the market, based on the 
CME Group and various indices. The Grade AA butter price at the CME 
Group closed Wednesday at $1.8800, declining 6 cents on Tuesday and 
1.75 cents on Wednesday. 


1500CT Janet.Linder@ams.usda.gov 608.5577003
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-
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