MD_DA440  
DA                                                         
MD DA440 BUTTER - WEST                           

MADISON, WI.  January 21, 2015 (REPORT 3)                         

WEST BUTTER 
  
Western butter prices are higher this week. The market remains weak 
with inventories mixed.  Some manufacturers are making and storing 
bulk butter.  Others are churning retail butter to fulfill contracts.  
Cream supplies are increasing plentiful. Reports indicate extra cream 
is available due to planned plant closures for maintenance.   Buyers 
are looking to fill immediate needs and are willing to wait for 
opportunities to buy ahead. Due to the abundance of product, companies 
are looking into exporting.  According to the National Retail Report-
Dairy butter ads increased from last week. The U.S. weighted average 
price for a pound of butter was $3.00, down $.35 from last week. The 
weighted average price for butter in the Northwest was $2.99. Butter 
prices at the CME Group on Wednesday closed at $1.5500, up $.0075 from 
a week ago. 
   

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