MD_DA431
DA
MD DA431 BUTTER - CENTRAL 

MADISON, WI. October 18, 2017 (Report 42)

Week after week, retail butter orders are robust. Butter producers across 
the region report that interest is continually higher than expected. Even 
so, as cream has been available and butter production is active, butter 
supplies are meeting demand needs. Cream multiples, into Class IV, remained 
steady. As contacts were beginning to acquiesce to a weakening market tone, 
CME prices and futures have experienced an upswing since late last week. 
Bulk butter prices were steady, at flat market to 7 cents over the CME 
average. DMN National Retail Report-Dairy for October 13-19 noted the 
national weighted average advertised price for a 1 pound package of butter 
is $3.37, $0.09 below one week ago, but $0.08 higher than one year ago. The 
weighted average regional prices in the Midwest and South Central were $3.03 
and $3.23, respectively. Wednesday at the CME Group, Grade AA butter closed 
at $2.3950, up $0.0500 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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