MD DA451   
DA 
MD DA451 BUTTER HIGHLIGHTS

MADISON, WI September 23, 2016 (REPORT 38)

BUTTER HIGHLIGHTS: 

Nationwide, butter production is steadily increasing, as cream 
volumes are more available for churning. Bottled milk standardization 
and an improvement in the milk butterfat levels are adding to cream 
supplies. Bulk butter stocks continue clearing into microfixing in 
some plants across the country. Many processors are running 
operations at full capacity, focusing production on print butter 
ahead of Q4 needs. Consequently, inventories are steady to building. 
Retail demand continues to improve. Bulk butter prices reported 
throughout the country are ranging from one cent under to 8 cents 
over the market, based on the CME Group with various periods and 
averages used. The Grade AA butter price at the CME Group on Friday 
closed at $2.0275, up $.0275 from a week ago.


1200CT Angel.Teran@ams.usda.gov
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