MD_DA440  
DA                                                         
MD DA440 BUTTER - WEST                           

MADISON, WI.  January 14, 2015 (REPORT 2)                         

WEST BUTTER   

Western butter prices continued to move lower this week. There have been some 
reported spot sales.  Some Western butter manufacturers are reporting 
inventories are building while demand is weakening.  Some companies are 
looking into contract bulk butter for export markets as the international and 
domestic markets even out.  Cream supplies are increasing due to the above 
average milk supply. Prices for bulk butter range from market to 4 cents 
under, based on the CME with various time frames and averages used.
According to National Retail Report-Dairy, the U.S. average advertised 
national price for a pound of butter was $3.35, up $.29 from last week.  In 
the Northwest, the average retail butter price was at $3.49. 
   

1530CT Tara.Herbst@ams.usda.gov 608.278.4154
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home