MD_DA440  
DA 
MD DA440 BUTTER - WEST 

MADISON, WI.  JULY 01, 2015 (REPORT 26)

WEST BUTTER

Butter production in the West has slowed somewhat as some 
manufacturers are willing to sell cream and milk.  The seasonal 
increase of ice cream production has pulled cream away from 
butter making, while milk is being diverted to keep cheese 
production full.  Consumer demand for butter remains steady.  
Industry contacts report comfortable inventories for the summer. 
The DMN National Retail Report - Dairy for the week June 26 - 
July 2, found that the U.S. weighted average advertised price of 
1# butter is $3.42, up $.31 from one week ago but down $.09 from 
one year ago. In the Southwest, the weighted average advertised 
price for 1# butter was $3.37 with a price range of $2.99 - 
$3.50, and in the Northwest, $3.18 with a price range of $2.00 - 
$3.50. 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 Tuesday closed at $1.9175, up $.0200 from a 
week ago.

1100CT 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