MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. July 16, 2015 (REPORT 28) DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Dry buttermilk prices are steady to lower in a weak market. Spot loads are scarce this week. Dry buttermilk production is limited. Also, ice cream production is pulling available cream supplies away from butter production. Manufacturers are making other dry goods and selling condensed buttermilk instead. Interest for condensed buttermilk is picking up as processors are offering discounts. Some manufacturers are reporting no available inventories. EAST: Dry buttermilk prices inched lower at the bottom of the range due to declining spot prices. Production is trending lower as less churning takes place, resulting from tighter cream supplies. Ice cream and ice cream mix operations are still pulling cream as they build inventory. Dry buttermilk stocks are light to moderate. Some plants are unable to add to stocks at this time; however, supplies are adequate for near term contract needs. Buyers are purchasing dry buttermilk hand-to-mouth as prices move lower. Spot transactions are limited in a fairly quiet market. F.O.B. CENTRAL/EAST: .7900 - .8900 1100CT Daniel.Johnson@ams.usda.gov & Tara.Herbst@ams.usda.gov USDA/AMS/Dairy Market News, Madison, Wisconsin 608.557.7006 Dairy Market News website: www.ams.usda.gov/dairymarketnews Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home