MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. April 13, 2016 (Report 15)

Butter production is active in the Central region. Many processors are 
concentrating production on bulk butter. However, some print butter 
has been produced for groceries stores with private labels. Major 
parts of bulk butter inventories are building into cold storage ahead 
of summer and fall seasons. Requests from retailers are seasonally 
lower. Demand from food service is steady. Many industry participants 
are still confused by the recent sustained strength of the butter 
price at the CME Group. At this point, the market undertone is 
unclear. This week, bulk butter prices are ranging from market to 6 
cents over the market, with various time frames and averages used. The 
DMN National Retail Report-Dairy for April 8-14 noted the national 
weighted average advertised price for a 1 pound package of butter is 
$3.05, 9 cents above one week ago, and 24 cents above one year ago. 
The weighted average prices the South Central region is $2.99. 
Wednesday at the CME Group, Grade AA butter closed at $2.0700, down 
one cent from last Wednesday. 


1530CT Angel.Teran@ams.usda.gov 608.557.7011
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