MD_DA340                                                    
DA                                                          
MD DA340 Dry Buttermilk  - West                             

MADISON, WI.  May 07, 2015 (REPORT 18)                      

DRY BUTTERMILK - WEST                                       
                                                            
Western dry buttermilk prices are unchanged to lower on light 
interest. Market participants report the next baking season is far 
enough in the future that end users are generally not shopping to fill 
those needs at this time. Production of dry buttermilk is lower at 
several locations. This is due to ice cream manufacturers stepping 
ahead of butter churners for some F.O.B. cream spot offers as well as 
seasonally lower milk production and lower butterfat components, 
especially in the southwest states. Dry buttermilk inventories are 
higher than expected at some locations, but manufacturers seem 
comfortable with building stocks now, as butter production is expected 
to decline in the weeks ahead, as well opportunities for dry 
buttermilk production. The April 2015 Dairy Market News average of the 
mostly price series for West dry buttermilk was $0.8775 compared to 
$1.9348 one year ago.  

DAIRY PRODUCTS:  NASS reports dry buttermilk production in the U.S. 
for March 2015 totals 8.9 million pounds, down 8.5% from one year ago.  
Stocks at the end of March were 25.5 million pounds, a 65.0% increase 
from one year ago.  

F.O.B. WEST: .7800 - .9900   MOSTLY:  .8200 - .8900         

1100CT Janet.Linder@ams.usda.gov (608)557-7003
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/portal/da