MD_DA410 DA MD DA410 BUTTER - NORTHEAST MADISON, WI. April 29, 2015 (Report 17) NORTHEAST BUTTER: Regional butter production is active. Manufacturers are seeing increases in cream volumes, which lends to growing inventories. The butter market is fairly quiet as many representatives attend an industry conference. 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 24-30, the national weighted average advertised price for 1-pound butter is $2.86, up $0.01 from a year ago. The Northeast price is $3.13, a $0.35 drop from the previous week. In the Southeast, the butter price averaged $2.94, a $0.49 increase compared to a week ago. Tuesday's CME Group cash trading saw Grade AA butter close at $1.8600, up $0.0300 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- home