MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  October 01, 2015 (REPORT 39)                  


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Central dry buttermilk prices rose on both ends of the series, and 
the market is firm. Dry buttermilk production is ongoing, but at rates below 
capacity as butter manufacturers are wary of building butter inventories 
while that market is unsettled. Manufacturers indicate dry buttermilk 
inventories are light, but they feel inventories could be built with 
confidence as the quarter advances.
EAST: Prices for dry buttermilk increased, as regional spot prices moved 
higher. Production is fairly steady. Increases in dry buttermilk output 
should occur over the next few weeks, with the slowing of liquid buttermilk 
sales along seasonal trends. Market transactions over the week included a 
number of LTL purchases, as some buyers manage dry buttermilk holdings with 
caution. Also, producer contacts are content with the level of current 
holdings, relative to fulfillment of holiday commitments. Spot transactions 
are light to moderate. The market undertone is steady to firm.  

F.O.B. CENTRAL/EAST:    .8250 - 1.0000                                                                                  

1100CT Daniel.Johnson@ams.usda.gov/Janet.Linder@ams.usda.gov 
USDA/AMS/Dairy Market News, Madison, Wisconsin (608)557.7006
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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