MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. November 24, 2015 (REPORT 47) DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Dry buttermilk prices are steady in the Central region on light trading. In general, market activity is reduced this holiday week. Supplies are mixed, with a few manufacturers having some inventories, but others report warehouses are a bit short. This is one result of active condensed buttermilk sales into the Class II market sector throughout the fall months. Dry buttermilk production is projected to be higher this week as some additional cream volumes transition from Class II to Class IV. EAST: Dry buttermilk prices in the East are unchanged with limited trading during Thanksgiving week. Churning activity is slightly higher this holiday week, in response to increases in fluid milk at balancing facilities and heavier fluid cream intakes at butter plants. With more condensed buttermilk being produced, dry buttermilk output rose accordingly. Current demand is moderate but strengthening, as spot acquisitions are not easily obtained. Processors' stocks are growing at some locations, where supply levels are closely balanced with contractual demand. The market undertone remains weak. F.O.B. CENTRAL/EAST: .8500 - .9500 1430CT 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