MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   June 24, 2015 (Report 25)   


NORTHEAST BUTTER:   

Production in the region is active for both bulk and print butter.  
Demand from retailers and foodservice sectors are fairly good.  Cream 
demand is very good and pushing multiples higher, which may reduce cream 
flows to churns in the near term.  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 19-25, the U.S. weighted average 
advertised price for 1-pound butter is $3.11, down 13 cents from a year 
ago.  The Northeast regional price is $3.13, a 13 cent decline from last 
week.  In the Southeast, the butter price averaged $3.00, unchanged from 
a week ago.  Butter trading on the CME Group Monday and Tuesday saw 
declines of $0.0425 and $0.0600 respectively.  Tuesday's CME Group cash 
trading closed with Grade AA butter at $1.8975, up $0.0125 from a week 
ago.   

1100CT rick.whipp@ams.usda.gov & 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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