MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. December 14, 2016 (Report 50) Most of the holiday butter production has been finished in the Central Region. Cream availability for churning is higher as cream loads moving into Class II are waning. However, churners are not eager to buy spot cream loads, as their internal cream supplies are adequate. At this point, some manufacturers are switching butter supply from print to bulk. Inventories are starting to build into cold storage. Requests from retailers are lower, but are generally steady from food service. Bulk butter prices reported ranged from 2 to 6 cents over the market, with various periods and averages used. DMN National Retail Report-Dairy for December 9-15 noted the national weighted average advertised price for a 1 pound package of butter is $2.77, $0.21 below one week ago and $0.42 lower than one year ago. The weighted average price in the Midwest and South Central regions are $2.39 and $2.52, respectively. This week, a cooperative export assistance program accepted requests for 440,925 pounds of butter. So far this year, the program has accepted assistance requests for 12.399 million pounds of butter. Wednesday at the CME Group, Grade AA butter closed at $2.0850, down $.0100 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