MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  March 10, 2016 (REPORT 10)                    


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Dry buttermilk prices, Central, are steady to lower on light 
interest. Production is active, but manufacturers are also working to 
clear condensed buttermilk volumes ahead of needing to send these 
volumes through the dryers. This is helping curtail further buildup of 
warehoused loads. A few manufacturers plan to clear dry buttermilk 
through internal uses and are not overburdened at this time with 
inventories. The DMN monthly average of the range price series for 
Central and East dry buttermilk during February was $.7974, compared to 
$.8871 a year ago.
DAIRY PRODUCTS: The NASS Dairy Products report noted U.S. dry buttermilk 
production during January totaled 11.4 million pounds, 10.8 percent 
higher than a year ago. Total U.S. dry buttermilk month ending stocks 
for January were 21.3 million pounds, 14.1 percent below last year.
EAST: The price of dry buttermilk is steady to lower at the top of the 
range. Production is increasing. Manufacturers are likely to produce dry 
buttermilk around customer needs and dryer availability. Producers' 
inventories remain mostly balanced, with reports of some being light. 
The domestic demand for dry buttermilk is moderate. Buyers are seeing a 
slight price advantage with the use of condensed buttermilk. Most 
purchases of dry buttermilk are contract driven, as a few buyers wait to 
see if prices will move lower. The market undertone is steady to weak.                                                             

F.O.B. CENTRAL/EAST:    .7200 - .8250       

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