MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  January 21, 2016 (REPORT 3)                   


DRY BUTTERMILK - CENTRAL AND EAST                           

CENTRAL: Central dry buttermilk prices are steady to lower on moderate 
interest. Unsettled NDM prices continue to put pressure on dry 
buttermilk pricing. Manufacturers report buyers from the bakery sector 
are slow to purchase ahead of the spring holiday baking season. It is 
also a little early for a push on salad dressing mixes. Dry buttermilk 
production is active at several plants as cream volumes clear into 
butter. Several churn operators indicate their usual competition for 
cream from Class II has been minimal so far this year. Dry buttermilk 
inventories are steady to building, but manufacturers indicate their 
holdings are not burdensome at this time.
EAST: Prices for dry buttermilk are steady to lower. Manufacturers are 
actively producing dry buttermilk to handle the solids that seasonal 
butter output is generating. Inventories are mixed. Some producers' 
holdings are building as supplies exceed current demand. Sales into 
bakery and dry mixes are at seasonal levels. This week, spot trading in 
the region is sluggish, as the market is relatively quiet. Sources have 
suggested that stronger demand for dry buttermilk holiday baking needs 
is still a few weeks away. The market undertone is weak. 

F.O.B. CENTRAL/EAST:    .7800 - .8600                       

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