MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   November 16, 2016 (Report 46)   
 
NORTHEAST BUTTER:   

Production is steady and demand for both print and bulk butter 
is good. Cream supplies are typically in balance with churning 
needs. Retail butter orders are good with particularly strong 
pulls for private label. Bulk butter supplies are declining as 
manufacturers' inventories are worked lower. Bulk butter prices 
are ranging from 5 to 8 over the market, with various time 
frames and averages used. With Thanksgiving orders mostly 
completed, or in final phases, some area producers and handlers 
are speculating when butter weakness will occur. Tuesday's CME 
Group cash trading saw Grade AA butter close at $1.9800, up 
$0.0800 from the previous week. According to the DMN National 
Retail Report-Dairy, for November 11-17, 2016, the national 
advertised weighted average price for 1-pound butter was $2.69, 
down 16 cents from last week and down 16 cents from a year ago. 
The Northeast regional price was $2.94, 13 cents less than last 
week. In the Southeast, the butter price averages $2.48, a 
decline of 2 cents over the previous week's average price. 

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-home