MD_DA440  
DA                                                         
MD DA440 BUTTER - WEST                           

MADISON, WI.  March 25, 2015 (REPORT 12)
 
WEST BUTTER:

Butter production is active in the region.  Print orders are 
being filled for the nearby holidays.  Most needs have been 
staged to meet retail and food service demand.  Retail orders 
have been good this year and more ad features are appearing.  
Some butter producers are now shifting lines to make more bulk 
butter for storage schemes.  Export interest remains slow as 
U.S. pricing and currency valuations are making exporting 
tougher.  Other world suppliers are filling in needs at more 
competitive pricing.  Bulk butter pricing in the West this week 
is 5 cents under to even, based on the CME Group with various 
time frames and averages used.  The DMN National Retail Report-
Dairy ads for the week of March 20 - 26, show the U.S. weighted 
average advertised retail price for a one pound pack of butter 
at $3.08, down $.18 from last week but $.34 higher than one year 
ago.  Butter ad prices averaged $3.73 in the Southwest, with a 
price range $3.50-$4.49, and $3.38 in the Northwest, with a 
price range $2.50-$3.99.  The Grade AA butter price at the CME 
Group on Wednesday closed at $1.6850, up 0.5 cents from a week 
ago. 

1530CT butch.speth@ams.usda.gov 
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