MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. October 29, 2015 (REPORT 43) DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Dry buttermilk prices are unchanged to higher. The market tone is mixed. Buyers purchasing in large volumes indicate their needs are being met from week to week at prices close to the bottom of the range. However, light volume buyers indicate availability is variable and prices are comparatively higher as manufacturers try to factor in the current trend of higher butterfat prices. Dry buttermilk production is steady to higher as some plant managers indicate their cream sales into ice cream are decreasing. Dry buttermilk inventories range from limited to comfortable for meeting upcoming contract needs. EAST: Eastern dry buttermilk prices are steady at the bottom of the range with marginal upward movement on the top due to fob spot pricing. Production is steady to lighter, as reduced milk intakes limit churning activity at some of the regional balancing plants. Market transactions are sluggish with most end-of-month contracts having been covered. Spot sales are infrequent. Buyers tend to secure dry buttermilk only for contract loads and immediate needs. Supply levels are steady to building. The market undertone is quiet. F.O.B. CENTRAL/EAST: .8275 - .9700 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/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- home