MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. July 29, 2015 (Report 30) CENTRAL BUTTER The market tone remains strong. Churning is active even as ice cream production continues to pull heavily on cream supplies. There are some butter producers that prefer to sell available cream instead of churning. Some manufacturers are reporting butter sales are increasing. Due to the tightness in cream supplies, some butter producers are delaying orders and diverting milk into cheese. According to the DMN National Retail Report- Dairy, for July 24-30, the national weighted average advertised price for a 1 pound package of butter price is $3.29, a 3 cent increase from last week but a 20 cent decrease from a year ago. The weighted average price in the Midwest was $2.50. Bulk butter prices are at 6 cents under market to 2 cents over market, based on the CME Group and various indices. The Grade AA butter price at the CME Group closed Wednesday at $1.9075, increasing 3.25 cents from last Wednesday. 1530CT 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