MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   September 2, 2015 (Report 36)   
 

NORTHEAST BUTTER:   

Some manufacturers are reducing production schedules as cream supplies 
remain tight. Notwithstanding, standardize cream volumes are expected to 
increase as the school bottled milk pipelines refill. Market participants 
are anticipating available cream will move below current prices leading 
into the holiday. Some plants are microfixing butter supplies in order to 
meet current contract needs. Retail/print sales are strong, as some 
butter makers are turning away orders. Resources are noting the disparity 
in the butter price and how it lends to increased imports of butterfat. 
The market undertone is unsettled. The current bulk butter price is flat 
to 7 over the CME Group market, with various time frames and averages 
used. As well, a few loads are moving based on the daily CME price. 
According to the DMN National Retail Report-Dairy, for August 28-
September 3, the U.S. weighted average advertised price for 1 pound 
butter is $3.16, down 20 cents from a year ago, but up 18 cents from the 
previous week. The Northeast average price is $3.44, up 21 cents from 
last week. The Southeast butter price averaged $2.92, up 68 cents from a 
week ago. Tuesday's CME Group cash trading saw Grade AA butter close at 
$2.3600, up $0.0675 from a week ago. The CME Group monthly average price 
for Grade AA butter during August 2015 was $2.1542, compared to $2.5913 
one year 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-
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