MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. November 24, 2015 (Report 47)

CENTRAL BUTTER 

Butter production is set to move slightly higher throughout the week 
as churn operators indicate spot cream load availability is improving 
as the week advances. However, butter stocks on hand continue to 
dictate butter production as manufacturers do not want to produce 
butter on a speculative basis. Butter orders are steady into food 
service and retail accounts. Many retailers are rotating butter brand 
features from week to week, which is keeping orders active into 
grocery outlets. The NASS Cold Storage report noted U.S. butter stocks 
on October 31 were 179.0 million pounds, 5% lower than last month, but 
21% higher than a year ago. The DMN National Retail Report-Dairy for 
November 20-26 noted the national weighted average advertised price 
for a 1 pound package of butter was $2.82, down $0.03 from a week ago, 
and $0.81 lower than a year ago. The weighted average price in the 
Midwest region was $2.63, and in the South Central region, $2.69. The 
CME Group Grade AA butter market closed Tuesday at $2.90. This is up 
1.5 cents from last Tuesday. Bulk butter prices range from 4 cents 
under to 7 cents over the market, based on CME Group prices and 
various indices. 

1200CT Janet.Linder@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