MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. November 2, 2016 (Report 44) Although Class II processors are pulling significant cream volumes, grade AA butter churning remains active in the Central region. Most production schedules are centered on print butter as retailers' orders increase along seasonal patterns. Food service demand is fair to good. Some processors are microfixing stored bulk to complement current print output. As a result, bulk stock levels are steady to lower, while print butter supplies are in good balance. Regional manufacturers continue negotiating with existing buyers for next year's agreements. Bulk butter prices reported ranged from one cent under market to 6 cents over the market, with various periods and averages used. The DMN National Retail Report-Dairy for October 28 to November 3 noted the national weighted average advertised price for a 1 pound package of butter is $3.31, 33 cents above one week ago, but 20 cents lower than one year ago. The weighted average price in the South Central region is $2.83. This week, a cooperative export assistance program accepted requests for 652,568 pounds of butter. So far this year, the program has accepted assistance requests for 10.979 million pounds of butter.Wednesday at the CME Group, Grade AA butter closed at $1.8900, up $.0050 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