MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   April 15, 2015 (Report 15)   


NORTHEAST BUTTER:   

Regional butter makers are actively pursuing additional cream, as they 
look to increase production.  However, some balancing plants find it 
advantageous to trade available cream supplies in lieu of churning  
butter.  Retail butter market interest is exceeding the expectations of 
manufacturers, with noted levels of increases in print orders expressed 
as extremely good.  Buyers speculate that butter prices will ease with 
further advances in the spring flush.  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.  Inventories are growing.
According to the DMN National Retail Report-Dairy, for April 10-16, the 
national weighted average advertised price for 1-pound butter is $2.81, 
up $0.02 from a year ago.  The Northeast price is $3.06, a $0.35 increase 
from the previous week.  In the Southeast, the butter price averaged 
$2.69, a $.44 increase compared to a week ago.  Tuesday's CME Group cash 
trading saw Grade AA butter close at $1.7700, up $0.0200 from a week ago.  

1100CT Daniel.Johnson@ams.usda.gov 608.557.7006
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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