MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   April 22, 2015 (Report 16)   


NORTHEAST BUTTER:   

Churning rates remain strong, as activity expanded to a few balancing 
plants that began processing cream this week.  Buyer demand eased 
following holiday volumes; however, market uncertainty surrounding future 
availability is stirring interest and impacting current butter prices.  
Much of the current production is clearing to inventory for later use.  
Butter orders that are being placed by some brokers are for restocking 
purposes.  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 
April 17-23, the national weighted average advertised price for 1-pound 
butter is $3.26, up $0.41 from a year ago.  The Northeast price is $3.48, 
a $0.42 increase from the previous week.  In the Southeast, the butter 
price averaged $2.45, a $.24 decline compared to a week ago.  Tuesday's 
CME Group cash trading saw Grade AA butter close at $1.8300, up $0.0600 
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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