MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   March 18, 2015 (Report 11)   


NORTHEAST BUTTER:   

Most churns in the Northeast are active, prompting increases in butter 
production rates.  Manufacturers are advantageously churning rather than 
clearing available cream supplies.  Easter/Passover holiday production is 
winding up as orders start to taper.  Butter stocks are building, with 
minimal surplus product clearing through the cash market.  The current 
bulk butter prices for domestic sales are reported 5-6 cents over the 
market of the CME Group, with various time frames and averages used. 
According to the DMN National Retail Report-Dairy, for March 13-19, the 
national weighted average advertised price for 1-pound butter is $3.26, 
up $0.35 from a year ago.  The price in the Northeast is $3.17, a $0.26 
decline from the previous week.  The Southeast butter price is $3.50, an 
increase of $.76 compared to a week ago.  Tuesday's CME Group cash 
trading saw Grade AA butter close at $1.6800, down $0.0350 from a week 
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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