MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. December 30, 2015 (Report 52) CENTRAL BUTTER Churn operators report they are taking in heavy cream volumes off the spot market. Butter production is active throughout the region, with Western and Eastern sources sending cream loads into the Central as one of their primary outlets. F.O.B. prices are hovering below flat market on cream loads originating outside the Central. Butter demand is at expected levels, with light demand from retail. Food service needs are steady. Bulk butter inventories are building. A few manufacturers are making purchases help balance out average costs of inventories. The DMN National Retail Report-Dairy for December 25-31 noted the national weighted average advertised price for a 1 pound package of butter was $3.03, down $0.07 from one week ago and $0.03 lower than a year ago. The weighted average prices in the Midwest and South Central regions, respectively, are $2.35 and $2.63. The CME Group Grade AA butter market closed Wednesday at $2.0650. This is up 2.25 cents from last Wednesday. 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