MD_DA440  
DA 
MD DA440 BUTTER - WEST 

MADISON, WI.  August 16, 2017 (REPORT 33)

In the West region, butter production is steady. Cream volumes moving 
into butter churns are more than sufficient. Premiums for milkfat 
continue firming on a bullish market. As a result, a few butter 
makers are selling some spot loads of cream, mainly to ice cream 
processors, instead of churning. Bulk butter supplies are large. 
However, the high demand for butter is helping to move some stocks 
outside storage. Bulk butter pricing in the West this week is flat to 
5 cents above the market, based on the CME Group with various periods 
and averages used. Meanwhile, print butter output remains very active 
with a robust demand from retailers and food service.  

The DMN National Retail Report-Dairy for the week of August 11-17 
found that the U.S. weighted average advertised price of 1 pound 
butter is $3.70, up $0.13 from last week. The U.S. weighted average 
price was $3.23 one year ago. In the West region, the weighted 
average advertised price of 1 pound butter is $3.99. 

The Grade AA butter price at the CME Group on Wednesday closed at 
$2.6625, up $.0125 from a week ago.



1530CT AJ Teran Angel.Teran@ams.usda.gov 608.422.8593
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