MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   March 25, 2015 (Report 12)   


NORTHEAST BUTTER:   

Churning schedules for most plants remain fairly active.  Cream demand 
slowed for a few processors as the week progressed, with the bulk of 
butter orders that were generated for Easter/Passover already shipped.  
Interest is ongoing however, as a few subsequent retail and foodservice 
holiday orders filter through production channels.  Inventories are 
available for immediate needs.  The current bulk butter prices for 
domestic sales are reported 4-6 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 20-26, the national weighted 
average advertised price for 1-pound butter is $3.08, up $0.34 from a 
year ago.  The Northeast regional price is $3.02, a $0.15 drop from the 
previous week.  In the Southeast butter is priced at $3.10, a decline of 
$.40 compared to a week ago.  Tuesday's CME Group cash trading saw Grade 
AA butter closed at $1.6800, unchanged from a week ago closing price. 
COLD STORAGE:  According to NASS, U.S. butter in storage on February 28, 
2015 totaled 178.2 million pounds, 4% above a year ago and 20% more than 
last month.    

 
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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