MD_DA440  
DA 
MD DA440 BUTTER - WEST 

MADISON, WI.  JULY 29, 2015 (REPORT 30)

WEST BUTTER

West butter contacts are comfortable with current inventories. 
Domestic demand remains good and prices have moved higher. 
Manufacturers have adjusted production to meet their current needs, 
maintain inventories, and take advantage of opportunities to sell 
cream. Some butter makers report slowing or temporarily suspending 
production, while others have shifted more production to print butter 
instead of bulk. Most industry contacts say there is still 
considerable demand for cream and good returns from cream sales. 

The DMN National Retail Report - Dairy for the week July 24 - 30, 
found that the U.S. weighted average advertised price of 1 pound 
butter is $3.29, up $.03 from one week ago but down $.20 from one year 
ago. In the Southwest, the weighted average advertised price for 1 
pound butter was $3.86 with a price range of $2.99 - $5.49, and in the 
Northwest, $3.47 with a price range of $2.50 - $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 $1.9075, up $.0325 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