MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. January 25, 2017 (Report 4)

Following the trend of recent weeks, cream supplies for butter makers 
remain abundant. Spot cream offers are available, but some butter 
producers are sufficiently stocked with cream on hand. Available 
cream means butter production continues to run at fully active 
levels. Bulk butter is building into storage. Print production, which 
had been slow in previous weeks, is starting to strengthen as some 
butter makers begin, or are in the midst of, spring holiday 
preparations. Reports on demand are on the fair to strong side. Some 
contacts report demand is improving from earlier in the month, but 
remains behind last year's mark. The NASS Cold Storage report noted 
U.S. butter stocks as of December 31, 2016 were 174.9 million pounds, 
up 13% from last year and up 9% from last month. Bulk stocks in all 
warehouses were 155.1 million pounds last year at this time. DMN 
National Retail Report-Dairy for January 20-26 noted the national 
weighted average advertised price for a 1 pound package of butter is 
$3.25, $0.30 below one week ago, but $0.05 higher than one year ago. 
The weighted average regional prices in the Midwest and South Central 
were $2.92 and $3.41, respectively. Wednesday at the CME Group, Grade 
AA butter closed at $2.1975, down $.0425 from last Wednesday.


1530CT Israel.Weber@ams.usda.gov (608)422-8591
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home