MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  October 08, 2015 (REPORT 40)                  


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Central dry buttermilk prices are steady this week. There were few 
spot sales even though sellers report strong demand for dry buttermilk. 
Production is low and some sources indicate not having enough supply for 
current contract needs. Some manufacturers are choosing to sell condensed 
buttermilk as they do not have available drying space. The DMN monthly 
average of the range price series for Central and East dry buttermilk during 
September was $.8692, compared to $1.3500 a year ago. The NASS Dairy 
Products report noted U.S. dry buttermilk production during August totaled 
6.4 million pounds, 16.7% lower than a year ago. Total U.S. dry buttermilk 
month ending stocks for August were 12.2 million pounds, 0.6% above last 
year.
EAST: Eastern dry buttermilk prices are unchanged this week on a market with 
little trading and buyer interest. Dry buttermilk production is limited by 
lower butter output due to the levels of available cream. With seasonal 
declines in ice cream production, more condensed buttermilk is available for 
drying. Inventories of dry buttermilk are light to moderate and available to 
fill current needs. Spot interest is light. The market undertone is steady. 

F.O.B. CENTRAL/EAST:    .8250 - 1.0000                      
                                                                       
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: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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