MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   September 16, 2015 (Report 37)   
 

NORTHEAST BUTTER:   

As milk volumes shrink along seasonal trends, cream availability has 
become more unpredictable, triggering reduced churning at some plants. 
Sources report bulk butter is tight as some buyers are having difficulty 
sourcing loads. The 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. Butter manufacturers are reducing inventories 
as they microfix existing stocks to fill current orders. Some producers 
are busy making and packaging butter for fall/winter seasonal needs. With 
most schools back in session and active Q4 interest, overall demand is 
good. The market undertone is unsettled. According to the DMN National 
Retail Report-Dairy, for September 11-17, the U.S. weighted average 
advertised price for 1 pound butter is $2.97, down 62 cents from a year 
ago but up 2 cents from the previous week. The Northeast average butter 
price is $3.08, down 5 cent from last week. The Southeast price averaged 
$3.00, up 7 cents from a week ago. At the CME Group, Grade AA butter 
closed Tuesday at $2.5950, up $0.1225 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-
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