MD_DA440  
DA 
MD DA440 BUTTER - WEST 

MADISON, WI.  November 10, 2015 (REPORT 45)

WEST BUTTER

West butter making is steady, but there is some shift in production from print to bulk 
butter. A few manufacturers are seeking extra loads of cream to produce enough butter for 
immediate needs. Although domestic demand is still good, some butter makers are seeing a 
slight decrease as the Thanksgiving holiday gets closer and retail orders get filled. The 
Grade AA butter price at the CME Group has held fairly steady for the last week. Butter 
processors are watching the market price very closely. They are working hard to balance 
inventories and production to fulfill current buyer requests without over building their 
stocks. The DMN National Retail Report-Dairy for the week of November 6-12, found that 
the U.S. weighted average advertised price of 1 pound butter is $3.08, down $.43 from one 
week ago and down $.74 from one year ago. In the Southwest, the weighted average 
advertised price for 1 pound butter was $2.95 with a price range of $1.99-$4.28, and in 
the Northwest, $3.05 with a price range of $2.99-$3.50. Bulk butter pricing in the West 
this week is 3 cents under market to 3 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 $2.8850, up $.0600 from a week ago.


1500CT Mike.Bandli@ams.usda.gov 608.557.7010
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