MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.  August 12, 2015 (Report 32)   


NORTHEAST BUTTER:   

This week, with milk output declining, steady Class II cream demand, and 
churning delays due to maintenance; butter manufacturers in the northern 
region are reporting slightly lower production. While producers make only 
what they need to make, buyers' purchases are mostly hand-to-mouth. A few 
plants are already planning heavier production schedules to meet retail 
orders for the upcoming holidays.  The market is fairly even, as current 
holdings are sufficient for short term customer needs. Current bulk 
butter prices are flat to 5 over the CME Group market, with various time 
frames and averages used. According to the DMN National Retail Report-
Dairy, for August 7-13, the U.S. weighted average advertised price for 1 
pound butter is $2.96, down 40 cents from a year ago, and down 40 cents 
from the previous week. The Northeast average price is $3.19, down 53 
cents from last week. In the Southeast, the butter price averaged $2.94, 
down 3 cents from a week ago. Tuesday's CME Group cash trading saw Grade 
AA butter close at $2.0050, up $0.0150 from a week ago. 

1100CT Daniel.Johnson@ams.usda.gov 608.557.7006
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
home