MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   January 28, 2015 (Report 04)   


NORTHEAST BUTTER:   

A winter snow and ice storm delayed a few milk deliveries but blizzard 
conditions completely immobilized distribution in other areas of the 
region.  Even so, milk supply volumes and margin incentives are spurring 
the rate of butter production.  Some butter plants are operating 6 day 
churning schedules, with cream supplies readily available.  Domestic 
interest is moderate, with noted increases in print sales.  Export 
transactions are rebounding as price support mechanisms enable global 
trade.  Butter supplies are mixed.  Overall, the market is unsettled.   
The current bulk butter prices for domestic sales are 3 to 5 cents over 
the CME Group market, with various time frames and averages used.  
Tuesday's CME Group cash trading saw Grade AA butter close at $1.6025, up 
$0.0525 from a week ago.  
COLD STORAGE:  According to NASS, U.S. butter in storage on December 31, 
2014 totaled 98.6 million pounds, 2% less than the previous month, and 
12% less than a year ago.   


1100CT Daniel.Johnson@ams.usda.gov 608.278.4156
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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