MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. September 20, 2017 (Report 38)

Grocers are beginning to build their butter inventories ahead of the fall 
rush, so Central region butter makers are remaining busy. Butter production 
is active. Cream availability is aiding the production push. As school 
pipelines have begun to increase bottling activity, butter producers are 
receiving more cream offers than in previous weeks. Cream multiples into 
Class IV remained at or around 1.21 f.o.b. Some butter contacts are 
expecting stronger market prices in the near future. The market tone is 
steady. Bulk butter prices were unchanged, ranging from 1.5 to 7 cents over 
the CME average. DMN National Retail Report-Dairy for September 15-21 noted 
the national weighted average advertised price for a 1 pound package of 
butter is $3.84, $0.35 above one week ago and $0.20 higher than one year 
ago. The weighted average regional prices in the Midwest and South Central 
were $2.89 and $3.42, respectively. Wednesday at the CME Group, Grade AA 
butter closed at $2.4725, up $0.0550 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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