MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.  July 15, 2015 (Report 28)   


NORTHEAST BUTTER:   

Butter production is steady to lighter. Repairs are impeding production 
for some regional plants. Available cream has declined marginally, due to 
active Class II demand. Butter makers seem content with cream levels, as 
inventories are adequate for current needs. Some plants are choosing to 
rework bulk into print butter. Retail orders are fair. Featured activity 
is reported at the retail level, but lighter than in previous weeks. Food 
service needs are moving volumes, in response to summer vacation and 
resort activities. The market undertone is steady. The current bulk 
butter prices are reported flat to 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 July 10-16, the U.S. weighted average 
advertised price for 1-pound butter is $3.02, down 2 cents from a year 
ago, and down 2 cents from the previous week. The Northeast average price 
is $3.08, up 13 cents from last week. In the Southeast, the butter price 
averaged $2.31, down $1.12 from a week ago. Tuesday's CME Group cash 
trading saw Grade AA butter close at $1.9000, down $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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