MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  December 17, 2015 (REPORT 50)                 


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: After a sharp decline in Grade AA prices on the CME Group platform, 
Central dry buttermilk prices moved lower. The market tone is weak. With the 
holiday baking and ice cream/frozen dessert seasons complete as far as 
getting finished products to retail locations, end users have decreased 
interest in dry buttermilk. In contrast, dry buttermilk production is steady 
to higher as cream is increasingly clearing through butter/powder 
facilities. Dry buttermilk inventories are steady to building, but 
manufacturers report holdings are mostly comfortable.
EAST: Dry buttermilk prices are lower on light trading. Dry buttermilk 
production is steady to lower due to limited churning by manufacturers. 
Those butter makers are not picking up the region's available surplus cream 
as they manage inventory buildup while butter prices are declining. However, 
some Class II plants are taking spot cream loads to complete production of 
holiday items. Most customers' dry buttermilk orders for the holiday have 
been filled. Supplies are moderate to light within the region. Offerings are 
limited in the spot market. The market undertone is steady to weak.

F.O.B. CENTRAL/EAST:    .8100 - .8800                                                                                   
                                                          
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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