MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   June 17, 2015 (Report 24)   


NORTHEAST BUTTER:   

Churning in the region is somewhat lighter.  Class II production is 
increasing, typical for this time of year, and limits cream volumes to 
butter processing.  The drop in butter production at some balancing 
plants is reducing regional inventory levels, as those facilities produce 
only to fill contracts.  Butter stocks are mixed.  Food service orders 
are steady to improving.  The upswing in last week's spot cream prices 
continued into this week.  Current bulk butter prices for domestic sales 
are reported 5-7 cents over the market of the CME Group, with various 
time frames and averages used.  According to the DMN National Retail 
Report-Dairy, for June 12-18, the U.S. weighted average advertised price 
for 1-pound butter is $3.31, up 7 cents from a year ago.  The Northeast 
regional price is $3.26, a 31 cents increase from last week.  In the 
Southeast, the butter price averaged $3.00, down 16 cent from a week ago.   
Tuesday's CME Group cash trading saw Grade AA butter close at $1.8850, up 
$0.0250 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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