MD_DA440  
DA 
MD DA440 BUTTER - WEST 

MADISON, WI.  AUGUST 12, 2015 (REPORT 32)

WEST BUTTER

Wester butter production is slowing. Most butter manufacturers are 
reporting selling excess cream. Most producers report comfortable 
inventory levels and selling the cream leads to higher profit margins. 
Consumer demand is steady as it has been all summer. Contract orders 
are being fulfilled on time. Some manufacturers are pulling from 
inventories to supplement current orders. Bulk butter pricing remains 
at 4 cents under market to 5 cents over, based on the CME Group with 
various time frames and averages used. The DMN National Retail Report 
- Dairy for the week August 7-13, found that the U.S. weighted average 
advertised price of 1 pound butter is $2.96, down $.40 from both one 
week and one year ago. In the Southwest, the weighted average 
advertised price for 1 pound butter was $2.85 with a price range of 
$2.49 - $3.48, and in the Northwest, $3.23 with a price range of $2.49 
- $3.99. The Grade AA butter price at the CME Group on Wednesday 
closed at $2.0150, up $.0250 from a week ago.



1530CT Tara.Herbst@ams.usda.gov 608.557.7007
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home