MD_DA340                                                    
DA                                                          
MD DA340 Dry Buttermilk  - West                             

MADISON, WI.  January 08, 2015 (REPORT 1)                   

DRY BUTTERMILK - WEST                                       

Dry buttermilk prices in the Western region are unchanged to lower on a 
weak market. Interest in dry buttermilk from end users through contracts 
or FOB spot offers is light as some bakery accounts have finished holiday 
production schedules.  Broker/trader interest is often based on back-to-
back transaction fulfillment.  Manufacturers and buyers report progress on 
contracting for 2015 needs is stalled as the market seeks a price base 
from which to rebuild. Butter production is active, as is dry buttermilk 
production.  Inventories are steady to building. Some plant operators have 
internal uses for condensed or dry buttermilk.  In those plants, 
inventories are less burdensome than at other locations.  The December 
2014 Dairy Market News average of the mostly price series for West dry 
buttermilk was $1.0527 compared to $1.8376 one year ago.  

DAIRY PRODUCTS:  NASS reports dry buttermilk production in the U.S. 
for November 2014 totals 8.7 million pounds, up 6.9% from one year 
ago.  Cumulative 2014 dry buttermilk production totals 101.1 million 
pounds, a 6.6% decrease compared to 2013.  Stocks at the end of 
November were 22.5 million pounds, a 132.2% increase from one year 
ago.  

F.O.B. WEST: .9000 - 1.1000   MOSTLY:  .9600 - 1.0800       

1100CT Janet.Linder@ams.usda.gov 608.278.4157
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: www.marketnews.usda.gov/mnp/da-home