MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. July 23, 2015 (REPORT 29) DRY BUTTERMILK - CENTRAL AND EAST Dry buttermilk prices were steady to higher on a few spot sales. Dry buttermilk production is light as most processors are using drying time to make other products. Some manufacturers are reporting buying interest, but stocks are not available. There are manufacturers that are offering discounts for condensed buttermilk. Ice cream manufacturers are starting to buy more condensed buttermilk as the cream supply tightens. EAST: Dry buttermilk prices moved fractionally higher at the top of the range due to fob transactions in a mixed market. Manufacturing output is seeing a slight decline, due to increasing pulls on cream supplies from various dairy processors. Brokers report offerings of new or resale product as scarce in the market. Market resources are unclear as to the extent of dry buttermilk holdings in the East. Indications are that near-term customer commitments are being met on time. F.O.B. CENTRAL/EAST: .7900 - .8950 1100CT Daniel.Johnson@ams.usda.gov & Tara.Herbst@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