MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. February 15, 2017 (Report 7)

Central butter producers are seeing plenty of cream available for 
butter production. Prices for cream are discounted and some butter 
makers are utilizing the spot cream market when suitable to their 
needs. Butter production in the Central region is increasing. The 
spring holiday ordering season has begun and overall butter demand is 
growing. Retail demand continues upward. Bulk orders, from industrial 
bakeries and confectioners, are also on the rise. Bulk butter 
inventories continue to build. DMN National Retail Report-Dairy for 
February 10-16 noted the national weighted average advertised price 
for a 1 pound package of butter is $3.04, $0.60 below one week ago, 
and $0.25 lower than one year ago. The weighted average regional 
prices in the Midwest and South Central were $2.65 and $3.29, 
respectively. Bulk butter prices reported ranged from 2 to 4 cents 
over the market, with various periods and averages used. Wednesday at 
the CME Group, Grade AA butter closed at $2.1575, down $.0200 from 
last Wednesday.


1530CT Israel.Weber@ams.usda.gov (608)422-8601
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