MD_DA410
DA
MD DA410 BUTTER - NORTHEAST 

MADISON, WI.   April 19, 2017 (Report 16)   

Cream is readily available in the Northeast. Butter makers are 
clearing as much cream as possible to churns. Production is steady.  
The demand for butter has been light this week, based off CME Group 
trading. Bulk butter sales range 5 to 6 cents over the CME Group, 
based on various time frames and averages. Butter inventories are 
growing and the market undertone is fair. Tuesday, the CME Group cash 
trading saw Grade AA butter prices close at $2.0625, down $0.0275 from 
last Tuesday's closing price. According to the DMN National Retail 
Report-Dairy, for April 14-20, 2017, the Northeast weighted average 
retail price for 1-pound butter was $2.79, 8 cents higher than the 
national average price, but 1 cent lower than last week's Northeast 
average butter price. Retail markets in the region reported butter 
prices ranging $1.99-$3.00. 

1100CT Jessica.Mueller@ams.usda.gov 608.422.8589
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