MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. January 20, 2016 (Report 3)

Central butter production is active as cream is readily available from 
sources within and outside the region. Churn operators continue to 
bring in cream loads from the East and West coasts, as well as from 
points in between. Food service orders are unchanged. Sales into 
retail outlets are light, although some orders have improved since the 
yearend holidays. Manufacturers indicate orders stretching through the 
spring holidays are limited as buyers may be waiting for price 
movement ahead of those purchases. Bulk and some print production runs 
are heading to storage. The butter market showed volatility during the 
last few trading days, with some daily price changes over 9 cents 
making market participants unsure of when to reenter the market. The 
DMN National Dairy Retail Report-Dairy for January 15-21 noted the 
national weighted average advertised price for a 1 pound package of 
butter was $3.57, up $0.18 from both one week and $0.57 from one year 
ago. The weighted average prices in the Midwest and South Central 
regions, respectively, are $3.00 and $3.07. Bulk butter prices are 
steady, ranging from 4 cents under to 7 cents over the market, based on CME 
Group prices and various indices. The CME Group Grade AA butter market closed 
Wednesday at $2.1325, up 3.25 cents from last Wednesday.

1530CT 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