MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   December 23, 2015 (Report 51)   


NORTHEAST BUTTER:   

Additional cream for churning is available with volumes expected to reach 
burdensome levels for some butter operations. Regional cream sales are 
sluggish, with some sellers finding it a challenge to clear the surplus. 
Transactions that occur are mostly at flat market. Manufacturers are 
concerned with the likelihood of uncommitted production and subsequent 
increases in butter stocks. Food service orders are temperate but should 
see a slight upswing through the yearend holiday period into the New 
Year. The market undertone continues to weaken. This week, bulk butter 
prices for domestic sales are flat market 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 December 18-24, 2015, 
the U.S. weighted average advertised price for 1 pound butter was $3.10, 
down 22 cents from a year ago, and down 9 cents from the previous week. 
The weighted average butter price in the Northeast was $3.32, down 21 
cents from last week. At the CME Group Grade AA butter closed Wednesday 
at $2.0425, down $0.0350 from last Wednesday.

1200CT 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