MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. February 22, 2017 (Report 8)

Cream remains readily available for butter producers in the Central 
U.S. this week. Cream interest from Class II operations is beginning 
to increase, so competition for cream may escalate as early as next 
week.  With current surplus cream however, butter production is 
active. Demand reports vary. Some producers are seeing an uptick in 
bulk sales, as large scale bakeries are buying butter in preparation 
for spring holidays. Other producers are reporting steady retail and 
bulk sales this week, while expectations are that orders will 
increase in the upcoming weeks. Inventories of butter are building. 
The market tone is steady. DMN National Retail Report-Dairy for 
February 17-23 noted the national weighted average advertised price 
for a 1 pound package of butter is $3.31, $0.27 above one week ago, 
but $0.13 lower than one year ago. The weighted average regional 
prices in the Midwest and South Central were $2.86 and $3.00, 
respectively. Bulk butter prices reported ranged from 1 to 4 cents 
over the market, with various periods and averages used. Wednesday at 
the CME Group, Grade AA butter closed at $2.1175, down $.0400 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