MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.  July 22, 2015 (Report 29)   


NORTHEAST BUTTER:   

Churning is seasonally active. The level of production varies amongst 
regional butter makers as some plants are selling loads of cream as 
multiples increase. Butter stocks are building. Offers are increasing. 
Demand is limited at current prices, as buyers are careful not to 
overload stocks, while bearing in mind futures' lower pricing. The 
current bulk butter prices are reported 5 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 $3.26, up 22 cents from a 
year ago, and up 24 cents from the previous week. The Northeast average 
price is $3.41, up 33 cents from last week. In the Southeast, the butter 
price averaged $2.39, up 8 cents from a week ago. Tuesday's CME Group 
cash trading saw Grade AA butter close at $1.8325, down $0.0675 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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