MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

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

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Central buttermilk prices were steady to lower this week, with 
the bottom of the range holding and the top moving down. Production is 
down as manufacturers are choosing to make other dry product instead. 
However, they are offering a discount for condensed. There have been 
offers made for dry buttermilk but end users are waiting for optimum 
pricing. The DMN monthly average of the range price series for Central and 
East dry buttermilk during April was $.9264, compared to $1.9026 a year 
ago. The NASS Dairy Products Report noted U.S. dry buttermilk production 
during March totaled 8.9 million pounds, 8.5% lower than a year ago. Total 
U.S. dry buttermilk month ending stocks for March were 25.5 million 
pounds, 65% above last year.
EAST:  Eastern dry buttermilk prices moved lower as prices declined on the 
upper end of the range.  The market undertone is weak in very light 
trading.  Churning and dry buttermilk production is increasing as 
increasing milk volumes are moving through dairy manufacturing facilities.  
Seasonally improving interest for condensed buttermilk has kept volumes 
from becoming overly burdensome at drying operations.  Buyers continue to 
purchase dry buttermilk for immediate needs only, not eager to expand 
inventories on a downward trending market. 

F.O.B. CENTRAL/EAST:    .8000 - .9500                       

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