MD_DA440  
DA 
MD DA440 BUTTER - WEST 

MADISON, WI.  JUNE 10, 2015 (REPORT 23)

WEST BUTTER

Although some processors have started their regular repair and 
maintenance programs, West butter production continues to hold steady.  
Most manufacturers report good milk supply and good consumer demand. 
Much of the production seems focused on meeting current contracts. 
Cream availability is in balance. Some manufacturers said they are 
able to sell excess cream and there are reports of cream being pulled 
into ice cream or yogurt production. Market participants also report 
some cream being pulled into California where cream availability is a 
little short.

The DMN National Retail Report - Dairy for the week June 5 - 11, found 
that the U.S. weighted average advertised price of 1# butter is $3.05, 
down $.13 from one week ago and down $.09 from one year ago. In the 
Southwest the weighted average advertised price for 1# butter was 
$2.99 with a price range of $1.99 - $3.99, and in the Northwest, $3.42 
with a price range of $1.88 - $3.99. 

Bulk butter pricing in the West this week is 4 cents under market to 5 
cents above, based on the CME Group with various time frames and 
averages used. 

The Grade AA butter price at the CME Group on Wednesday closed at 
$1.8600, down $.0775 from a week ago.

1530CT mike.bandli@ams.usda.gov 608.557.7010
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