MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   December 14, 2016 (Report 50)   
 

NORTHEAST BUTTER: 
 
Regional churning activity is light to moderate while proportional to 
available cream supplies. Sources note supplies are exceptionally 
tight. However, cream volumes are likely to increase into next week, 
thereby encouraging heavier butter production. Holiday needs are now 
filled, although a few last minute immediate shipments are expected. 
Producers indicate demand is fair as the market is showing hesitancy 
in placing large orders in anticipation of additional price weakness. 
Cream buyers are also watching butter market prices and waiting for 
lower multiples. While movement is limited in spot markets, 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. 
The market has a softer undertone. Tuesday's CME Group cash trading 
saw Grade AA butter close at $2.0850, down $0.0350 from the previous 
week. The DMN National Retail Report-Dairy, for December 9-15, 2016, 
noted the national advertised weighted average price for 1-pound 
butter was $2.77, down 21 cents from last week and down 42 cents from 
a year ago. The Northeast regional price was $2.72, down 13 cents from 
last week, with a price range of $2.50-$3.00. In the Southeast, the 
butter price averages $3.26, down 15 cents from the previous week, 
with a price range of $2.69-$3.99.

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