MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   December 2, 2015 (Report 48)   

NORTHEAST BUTTER:   

Butter churns were active over the Thanksgiving weekend and into this 
week, as some manufacturers found it necessary to clear heavier than 
expected surplus cream. As strong domestic demand draws down on butter 
stocks, some larger butter makers are packaging sizable quantities of 
print butter to cover strong yearend holiday interest. Food service 
orders are improving as the yearend shopping season gets underway. Butter 
stocks are sufficient for near-term needs. The market undertone is 
unsettled. The current bulk butter prices for domestic sales are reported 
flat to 5 over the market of the CME Group, with various time frames and 
averages used. According to the DMN National Retail Report-Dairy, during 
the week of November 27- December 3, 2015, the U.S. weighted average 
advertised price for 1 pound butter was $2.84, down 44 cents from a year 
ago but up 2 cents from the previous week. The Northeast average butter 
price was $3.22, up 43 cents from last week. The CME Group Grade AA 
butter closed Tuesday at $2.9000, unchanged from last Tuesday. 


Dairy Market News Reporting Change Notice

Upon the conclusion of the October 2015 industry comment period and a 
review of industry responses, Dairy Market News (DMN) is updating the 
Dairy Market News Working Guidelines, effective Report 1, January 2016. 
The updates will allow DMN market reports to additionally include 
information and sales prices reported by individuals and firms 
functioning as marketing agents selling on the behalf of dairy product 
manufacturers. The Working Guidelines updates are intended to capture 
more information on pricing and market conditions and reflect the 
evolution of the marketing of dairy products. Currently, market pricing 
information is collected for first sale, f.o.b. producers' plants or 
warehouses. 

Link to current and updated DMN working guidelines:
http://www.ams.usda.gov/market-news/individual-dairy-market-news-commodity-
reports

December 1, 2015


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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