MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   May 20, 2015 (Report 20)   


NORTHEAST BUTTER:   

An overall rise in churning is lending to moderate to heavy butter 
output.  Active butter production will continue through the Memorial Day 
weekend for butter operations, as ice cream plant closings add to 
available cream supplies.  Holdings of both salted and unsalted butter 
are building incrementally.  Demand is light to moderate.  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 May 15-21, the national 
weighted average advertised price for 1-pound butter is $2.89, up $0.17 
from a year ago.  The Northeast regional price is $3.15, a $0.21 decrease 
from the previous week.  In the Southeast butter is priced at $2.86, an 
increase of $0.36 compared to a week ago.  Tuesday's CME Group cash 
trading saw Grade AA butter close at $1.9050, down $0.1250 from a week 
ago.  After steady increases over the previous 5 weeks, the weekly 
average butter price is showing signs of retreating as butter prices 
trend lower this week.  

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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