MD_DA340                                                    
DA                                                          
MD DA340 Dry Buttermilk  - West                             

MADISON, WI.  March 19, 2015 (REPORT 11)                    

DRY BUTTERMILK - WEST                                       
                                                            
Western dry buttermilk markets are unchanged on the range, but unchanged 
to lower on the mostly price series. The market is weak. Recent declines 
on the dairy nonfat solids market and some expectations that butterfat 
prices could decline after the spring holidays, may indicate the dry 
buttermilk market has yet to find a level of support in the marketplace. 
Market participants are perplexed by the reticence of a few manufacturers 
to clear blocks of dry buttermilk loads at prices within the range at a 
time when stocks are building steadily. Other producers are pricing 
multiple loads comfortably within the range and finding adequate interest. 
The production lines of dry buttermilk and butter are losing some 
butterfat processing opportunities to sour cream, cream cheese, and frozen 
dairy dessert/ice cream manufacturing. Eggnog production is also enjoying 
a short spurt ahead of the holiday. Dry buttermilk production is ongoing, 
following on the heels of active holiday-inspired butter production. 

F.O.B. WEST: .7500 - 1.0000   MOSTLY:  .8800 - .9150        

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