MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   April 01, 2015 (Report 13)   


NORTHEAST BUTTER:   

Production is steady to higher as cream supplies are readily available 
for processing butter.  Stocks of butter are sufficient for current need 
and building for the future as manufacturing output rates gain momentum.  
Most Easter/Passover orders have been placed and shipped.  The domestic 
market demand is fair to moderate.  Regional retail sales are favorable, 
influenced by increased ads leading up to the holiday.  Global sales are 
fair to light with the help of cooperative export assistance.  The 
undertone for the butterfat market is balanced.  The current bulk butter 
prices for domestic sales are reported 5 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 27 - April 02, the national 
weighted average advertised price for 1-pound butter is $2.69, down $0.05 
from a year ago.  The Northeast regional price is $2.53, a $0.49 drop 
from the previous week.  In the Southeast, butter is priced at $2.56, a 
decline of $.54 compared to a week ago.  Tuesday's CME Group cash trading 
saw Grade AA butter closed at $1.7850, up $0.1050 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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