MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   February 15, 2015 (Report 07)   

With excess cream being readily available, East churns are making a 
lot of butter. Some producers are selective with regard to price and 
quality in their cream purchases. Institutional demand for butter is 
steady to moderate. Processors are optimistic that increased feature 
activity on print butter will increase retail sales, as supplies are 
more than adequate to meet the current demand. At some butter plants, 
the accumulation of butter stocks are increasing. Therefore, the cost 
of inventory and the challenge of hedging, centered on futures 
markets, also pressures some producers. The bulk butter price for 
domestic butter sales are 4 to 9 cents over the CME Group, with 
various time frames and averages used. According to the DMN National 
Retail Report-Dairy, for the period of February 10-16, 2017, the 
national advertised weighted average price for 1-pound butter was 
$3.04, down 60 cents from last week, and down 25 cents from a year 
ago. The Northeast regional price was $3.19, 25 cents less than last 
week. 

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