MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  January 15, 2015 (REPORT 2)                   

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL:  Prices of dry buttermilk softened on the bottom of the range due 
to lower F.O.B spot trading. The market tone is weak as sellers and 
resellers are facing lots of competition in the marketplace and are making 
aggressive price adjustments to move supplies. Spot activity picked up this 
week. However, interest overall remains light. Buttermilk drying rates are 
mostly steady. Inventory levels are mostly moderate to heavy.
EAST:  Eastern dry buttermilk prices declined this week, reflecting 
increasing supplies and weak demand.  Some potential buyers retain 
higher than desired inventories with a price basis above current 
pricing.  Buying interest is minimal until they work through 
inventories.  Some manufacturers consider dry buttermilk to be 
burdensome, with heavy supplies that are building.  Future price 
weakness is widely expected.

F.O.B. CENTRAL/EAST:    .6500 - 1.0575   

1100CT eric.graf@ams.usda.gov & Ryan.Studnicka@ams.usda.gov 
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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