MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. September 21, 2016 (Report 38) Compared to the previous week, butter production is more active in the Central region as cream is more available. Bottled milk standardization is adding to cream supplies. In addition, the butterfat levels in the milk are improving. Processors are focusing production on print butter ahead of Q4 needs. Current demands from food service are steady, but are higher from retailers. Regional bulk butter microfixing is active. This week, there are more bulk butter supplies available in the spot market. Print butter inventories are steady to building. Bulk butter prices reported ranged from one cent under market to 7 cents over the market, with various periods and averages used. The DMN National Retail Report-Dairy for September 16- 22 noted the national weighted average advertised price for a 1 pound package of butter is $3.64, $0.35 above one week ago and $0.24 higher than one year ago. The regional weighted average prices in the Midwest and South Central are $3.08 and $3.40, respectively. Wednesday at the CME Group, Grade AA butter closed at $1.9675, down $0.0425 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/map/da-home