MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   January 06, 2015 (Report 1)   


NORTHEAST BUTTER:  

Manufacturers in typical fashion accelerated butter production over the 
yearend holiday period as the region's cream supplies became plentiful. 
As a result, manufacturers' butter stocks are seeing what some call 
periodic growth as recent butter output adds to available supplies. 
However, some manufacturers have begun to lighten churning schedules, 
following renewed cream demand from Class II dairy operations that had 
been closed for the holidays. Domestic demand is fairly light, as buyers 
assess their supply situation before returning to the market. Moderate 
export trading is reported by some eastern butter makers, as shipments of 
unsalted butter clear to international markets. This week, the current 
bulk butter prices for domestic sales are reported 5-8 cents 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 
January 1-7, 2015, the U.S. weighted average advertised price for 1 pound 
butter was $3.00, down 6 cents from a year ago and down 3 cents from the 
previous week. The weighted average butter price in the Northeast was 
$2.99, compared to $3.24 the previous week. The CME Group monthly average 
price for Grade AA butter during December 2015 was $2.3318, compared to 
$1.7633 a year ago. At the CME Group Grade AA butter closed Tuesday at 
$2.0400, up $0.0225 from last Tuesday.


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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