MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. September 16, 2015 (Report 37) CENTRAL BUTTER Butter production is mixed throughout the Central region. The churning activity is lower in some processing plants as cream supplies continue tight. On the other hand, some manufacturers are producing butter at sufficient levels with comfortable cream supplies. Some processors are expecting to increase production in order to meet the high demand for Q4. Butter inventories vary plant to plant. Sales of print butter are steady to higher in the food service and retail sectors. Spot sales of bulk butter are active with premium prices ranging from 2 to 5 cents over the market. According to some industry participants, the current uptick in butter prices at the CME Group is reinforcing the interest of buyers who are expecting higher prices in the near future. The DMN National Dairy Retail Report for September 11 - 17 noted the national weighted average advertised price for a 1 pound package of butter is $2.97, up 2 cents from a week ago, but down $0.62 from a year ago. The weighted average advertised price in the Midwest is $2.54 and $2.79 in the South Central region. Wednesday at the CME Group, Grade AA butter closed at $2.6250, up 15.25 cents from last Wednesday. 1530CT Angel.Teran@ams.usda.gov 608.557.7003 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: http://www.ams.usda.gov/market- news/dairy Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home