MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. November 16, 2016 (Report 46) In the Central region, Class II processors continue pulling substantial amounts of cream ahead of the year-end holiday. As a result, light to moderate cream availability is somewhat curtailing butter production. Consequently, some processors are microfixing bulk stocks in order to complement print butter production. A few manufacturers are selling cream instead of churning, as premiums remain relatively high. At this point, most Thanksgiving holiday orders from retailers are in the final stages of manufacturing and delivery. 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 November 11-17 noted the national weighted average advertised price for a 1 pound package of butter is $2.69, down $0.16 from one week ago and $0.16 below one year ago. The weighted average prices in the Midwest and South Central regions are $2.41 and $2.69, respectively. This week, a cooperative export assistance program accepted requests for 308,647 pounds of butter. So far this year, the program has accepted assistance requests for 11.748 million pounds of butter. Wednesday at the CME Group, Grade AA butter closed at $2.0300, up $.1200 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