MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. October 22, 2015 (REPORT 42) DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Central dry buttermilk prices are sharply lower on several large volume spot sales. Producers are reporting decreased production as they are choosing to dry other dairy products. Spot sales are mixed as some buyers report no problems acquiring product, while others suggest tightness in the market. Contracts are being supplied above spot sales. Contract negotiations for 2016 are underway. EAST: Prices for dry buttermilk declined abruptly with adjustments to the range series on reports of lower fob spot pricing. Dry buttermilk drying schedules are active at some plants, as condensed buttermilk to ice cream operations slows along seasonal patterns. Producers' inventories are light to moderate. Demand is at seasonal levels. Supplies are being actively routed to existing customers, with limited spot activity. The market undertone is weak. F.O.B. CENTRAL/EAST: .8275 - .9600 Dairy Market News Reporting Changes Proposal Dairy Market News (DMN) is proposing updating the Dairy Market News Working Guidelines. This proposal is the result of an industry comment period. The updates would allow DMN market reports to additionally include information and sales prices reported by individuals and firms functioning as marketing agents selling on the behalf of dairy product manufacturers. The Working Guidelines updates are intended to capture more information on pricing and market conditions and reflect the evolution of the marketing of dairy products. Currently, market pricing information is collected for first sale, f.o.b. producers' plants or warehouses. The changes would be effective starting with Report 1, January 2016. Comment by October 30, 2015 to: DMN@ams.usda.gov Link to current DMN working guidelines: http://www.ams.usda.gov/market- news/individual-dairy-market-news-commodity-reports 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- home