MD_DA104                                                         
DA                                                               
MD DA104 Butter/Butteroil - Europe                               

MADISON, WI.  November 24, 2015 (REPORT 47)                      

WESTERN EUROPE                                                   
INFORMATION GATHERED  11/16/2015 - 11/27/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            
                                                                 
WESTERN EUROPE                                                   
                                                                 
BUTTER/BUTTEROIL:   

Pricing shows slight firming at the bottom of the butter price range and 
no change at the top. Production is generally steady with last week as is 
buying interest. Manufacturers continue to find using any extra milk to 
make specialty cheese provides better returns than butter at this time. 
Butteroil prices are unchanged with a limited market.                                             

82% BUTTERFAT:            3,000 - 3,325                          
99% BUTTERFAT:            3,500 - 4,000       

0230c Eric.Graf@ams.usda.gov 608.557.7005
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