MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. April 19, 2017 (Report 16)

Butter production continues at active levels. Cream is available, 
thus production levels are keeping pace with cream supply. Cream 
multiples into Class IV production range from 1.05 to 1.16. Some 
stronger-than-expected sales were reported from some butter 
manufacturers. These manufacturers expected a slowdown after the 
spring holiday ordering season, but say orders remain heavy. However, 
some other manufacturers report seeing a post-holiday sales decline 
and expect a near term slowness in orders. Bulk butter inventories 
are adequate. The butter market tone is steady. DMN National Retail 
Report-Dairy for April 14-20 noted the national weighted average 
advertised price for a 1 pound package of butter is $2.71, $0.22 
below one week ago and $0.28 lower than one year ago. The weighted 
average regional prices in the Midwest and South Central were $2.53 
and $2.50, 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 $2.0700, 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