MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  November 19, 2015 (REPORT 46)                 


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk moved lower on both ends of the 
range. A few manufacturers adjusted prices to account for lower nonfat solids 
values and found more active interest at the lower prices. Manufacturers also 
mentioned the anticipated drop in butterfat values as a part of the reasoning 
for modifying prices ahead of that decline. They figure taking a calculated loss 
now is better than absorbing an unknown loss amount in the future. Dry 
buttermilk production is steady, although a few plants continue to clear 
condensed buttermilk to Class II operations. Inventories are mixed.
EAST: Eastern dry buttermilk prices are lower as some manufacturers adjusted 
prices to move supplies. Production declined with limited churning and 
drying taking place at butter producing operations in the region. Demand is 
sluggish, as the market displays nominal interest in acquiring dry 
buttermilk ahead of next week's Thanksgiving holiday. Processors' holdings 
are generally adequate for near term needs. The market undertone is weak.

F.O.B. CENTRAL/EAST:    .8500 - .9500  

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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