MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   September 30, 2015 (Report 39)   


NORTHEAST BUTTER:   

A balanced regional cream supply is lending to steady production from 
major butter plants in the area. Some balancing operations continue to 
cancel butter production, while fulfilling contractual cream commitments. 
Buyers are continuing to place upcoming holiday orders. Regional sales 
are regarded as strong. New production and inventoried product is being 
utilized to meet the heavy demand at some plants, as those producers note 
having to turn away orders. The current bulk butter prices for domestic 
sales are reported flat to 7 cents over the market of the CME Group, with 
various time frames and averages used. The butter market undertone is 
mixed. According to the DMN National Retail Report-Dairy, for September 
25-October 1, the U.S. weighted average advertised price for 1 pound 
butter is $3.24, down 18 cents from a year ago and down 16 cents from the 
previous week. The Northeast average butter price is $3.32, down 12 cents 
from last week. The Southeast price averaged $3.28 up 26 cents from a 
week ago. Grade AA butter prices retreated sharply at the CME Group on 
Tuesday, closing at $2.7500, a decline of $0.3000 from Monday and down 
$0.0825 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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