MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  June 18, 2015 (REPORT 24)                     


DRY BUTTERMILK - CENTRAL AND EAST                           

CENTRAL: Dry buttermilk prices are mixed, with the top of the range 
moving sharply lower. The market tone is weak. Demand is lackluster. 
Operators are choosing to dry other products instead of buttermilk and 
offering discounts for condensed buttermilk. But, there is very little 
spot interest for either type of buttermilk. Inventories are building.                                                              
EAST:  The dry buttermilk price range narrowed in a fairly quiet 
market.  Butter manufacturers' churning schedules are lighter at some 
plants, prompting a reduction in regional dry buttermilk production 
rates.  Contacts report that there is little spot market activity.  
Producers' stocks are mixed, with some in better balance than others.  
Demand for liquid buttermilk is improving as ice cream makers increase 
output for summer needs.  The dry buttermilk undertone is weaker.

F.O.B. CENTRAL/EAST:    .8300 - .9100                       
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