MD_DA440  
DA 
MD DA440 BUTTER - WEST 

MADISON, WI.  April 12, 2017 (REPORT 15)

WEST BUTTER

Western butter processors say inventories are heavy, but still manageable. Some butter 
production is shifting from print to bulk butter. A few Western butter makers are trying 
to pull back on the reins of production during this final week before the major spring 
holidays. Cream is plentiful and a few manufacturers are opting to sell off the extra 
cream as opposed to churning it all. Butter makers and end users are both trying to keep 
inventories in check. Domestic butter demand is solid and butter is moving well through 
current contracts. Bulk butter pricing in the West this week is 4 cents below to 1 cent 
above, based on the CME Group with various time frames and averages used. The DMN 
National Retail Report-Dairy for the week of April 7-13 found that the U.S. weighted 
average advertised price of 1 pound butter is $2.93, down $.14 from last week. The U.S. 
weighted average price was $3.05 one year ago. In the Southwest, the weighted average 
advertised price of 1 pound butter is $3.10 with a price range of $2.49-$3.50. In the 
Northwest, the weighted average advertised price of 1 pound butter is $3.48. The Grade AA 
butter price at the CME Group on Wednesday closed at $2.0900, down $.0550 from a week 
ago.


1530CT Mike.Bandli@ams.usda.gov 608.422.8592
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