MD_DA350                                                         
DA                                                               
MD DA350 Dry Buttermilk - Central                                      

MADISON, WI.  April 02, 2015 (REPORT 13)

DRY BUTTERMILK - CENTRAL AND EAST 

CENTRAL:  Central dry buttermilk prices are unchanged this week. 
Demand for dry buttermilk is increasing as bakeries have started 
pulling product along with ice cream manufacturers. Production is up 
as butter production has increased. The market tone is unsettled as 
there are few spot sales due to no available product. Stocks are 
tight, but manufacturers are meeting contract obligations. Demand for 
condensed buttermilk has increased due to discounted pricing. 
Condensed stocks are becoming limited.  
EAST: Dry buttermilk prices are unchanged. Butter production is active 
in the region and advancing dry buttermilk output. There are 
limitations to manufacturing for some drying operations as buttermilk 
competes with heavier condensed skim loads for dryer time. Supplies 
remain tight with the view that some suppliers may be sold out. 
However, dry butter milk supplies are expected to rebound leading into 
the spring flush. Volumes are mostly exchanging hands though 
contracts. Spot activity is very limited as demand is sluggish. 
Typically, buyer purchases are hand-to-mouth. The market undertone is 
unsettled as some see prices stabilizing leading into Q2.
                                                            
F.O.B. CENTRAL/EAST:    .8900 - 1.0200                                            
 


1100CT Tara.Herbst@ams.usda.gov  & Daniel.Johnson@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-home