MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  February 25, 2016 (REPORT 8)                  


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Dry buttermilk prices in the Central region are lower. While 
condensed buttermilk sales are active, manufacturers indicate prices are 
set to move condensed buttermilk away from the dryers. Dry buttermilk 
demand outside of contracts is light. End users indicate they are able 
to access dry buttermilk from the West, too, so this provides some 
leverage in negotiating prices with Central manufacturers. With active 
butter production continuing, dry buttermilk output is also active, 
especially where condensed sales are lagging. Inventories are steady to 
building.
EAST: Eastern dry buttermilk prices are lower at both ends of the range. 
The market undertone is weak as some manufacturers are building stock 
levels. Domestic demand for dry buttermilk is moderate to light, on slow 
sales, as buyers purchase condensed buttermilk to benefit from a price 
advantage. Supplies are exchanging primarily through contracts. Stocks 
Of dry buttermilk are mixed with a few manufacturers low on inventory. 
The market undertone is steady to weak.

F.O.B. CENTRAL/EAST:    .7200 - .8400                                             

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