NorthEast Butter

2/5/2013 3:00 PM

MADISON, WI. January 30, 2013 (Report 05)
The butter price on the CME Group was unchanged Tuesday and closed at
$1.5050. Following a series of price increases, butter prices have been
unchanged for the last 6 sessions in fairly light trading with 5 loads
transacted. Cream supplies going to churns remain heavy with most churns
operating at near capacity. Current butter production is filling orders and
adding to inventories. All varieties of butter, 80%, 82%, salted and
unsalted, are in current production. Domestic demand is steady and typical
for this time of year. Bulk butter purchases remain fairly active with
numerous buyers viewing the butter market as being at a level that offers
the opportunity to expand inventories at minimal risk. Export demand is
active with good support from incentive programs. Current bulk butter
prices remain strong and range from 4-14 cents over the market based on the
CME Group with various time frames and averages used. Cooperatives Working
Together (CWT) has accepted requests for export assistance to sell 1.160
million pounds (536 metric tons) of butter. The product will be delivered
February through June 2013.


Do the deer cause a lot of damage to the fruit and vegetable crops in your area?

  • Yes
  • No
  • Unsure

User Submitted Photos

View photos      Submit your photos

  Ag Markets at Lancaster Farming

2/7/2016 | Last Updated: 3:15 PM