MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. April 23, 2015 (REPORT 16) DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Dry buttermilk prices are steady to lower this week. The colder weather slowed demand from ice cream manufacturers who were pulling heavy the last couple of weeks. Producers are building inventories instead of selling at a discount, but sources say that if inventories get too high, that might change. Demand is varied with some manufacturers saying they have had no demand. Manufacturers are still offering discounts for condensed, although the discount is not as much as previous weeks. EAST: Dry buttermilk prices are lower to steady based on regional f.o.b spot sales. Ample cream supplies are supporting increases in butter production and consequently, dry buttermilk output. Dryer usage is heavy for most plants as processors work in as much condensed buttermilk as warranted. Demand for dry buttermilk is relaxed as many buyers purchase for immediate needs, pending anticipated future price weakness. Spot market activity remains light. Comparatively, dry buttermilk supplies vary significantly amongst regional manufacturers. F.O.B. CENTRAL/EAST: .8000 - 1.0200 1100CT Daniel.Johnson@ams.usda.gov & Tara.Herbst@ams.usda.gov USDA/AMS/Dairy Market News, Madison, Wisconsin 608.557.7000 Dairy Market News website: www.ams.usda.gov/dairymarketnews Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home