MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   January 4, 2017 (Report 01)   
 

NORTHEAST BUTTER: 

In the Northeast there is plenty of cream available for making butter, 
more than last week, according to some processors. Whether a butter 
manufacturer has interest in additional cream varies by manufacturer.  
Some butter manufacturers are being offered additional cream, but lack 
capacity to use it. Other manufacturers are buying more cream, 
primarily to make butter for the freezer to be sold later in the year. 
Generally butter manufacturers are not selling cream and are using the 
cream in their pipeline. Many manufacturers expect cream will be 
tighter next week. Tuesday's CME Group cash trading saw Grade AA 
butter close at $2.2200, down $0.1275 from the previous Tuesday. The 
DMN National Retail Report-Dairy, for December 30, 2016-January 5, 
2017, reports the national advertised weighted average price for 1-
pound butter was $2.69, up 9 cents from last week but down 31 cents 
from a year ago. The Northeast regional butter price was $2.98, with a 
price range of $2.49-$3.99. The Southeast price averaged $2.98, with a 
price range of $2.88-$2.99. The domestic bulk butter price, f.o.b. 
East, is reported 5 to 8 cents over the market of the CME Group, with 
various time frames and averages used. 


1100CT eric.graf@ams.usda.gov 
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