MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. April 12, 2017 (Report 15)

Butter demand reports were mixed. Some Central region butter makers report 
continued strength in sales. Others point to a drop in orders following the 
spring holiday peak. Butter production reports also vary, but many 
production facilities will see some upcoming holiday downtime. Cream reports 
remain consistent with those of previous weeks. Cream is readily available 
to butter makers in the Midwest. Class IV cream multiples were reported from 
1.05 to 1.14. Flat market cream multiples were reported, but contacts 
suggest these multiples were due to hauling related circumstances. Some 
contacts suggest an expectation of tightening cream in the weeks to come, 
with increased interest from Class II and Class III producers. Butter 
inventories are adequate. The butter market tone is steady in the near term. 
DMN National Retail Report-Dairy for April 7-13 noted the national weighted 
average advertised price for a 1 pound package of butter is $2.93, $0.14 
below one week ago and $0.12 lower than one year ago. The weighted average 
regional prices in the Midwest and South Central were $2.78 and $3.10, 
respectively. Bulk butter prices reported ranged from 2 to 7 cents over the 
market, with various periods and averages used. Wednesday at the CME Group, 
Grade AA butter closed at $2.0900, down $.0550 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-
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