MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  March 17, 2016 (REPORT 11)                    


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk are unchanged. The market 
tone is generally weak as prices for both butterfat and nonfat solids 
trend lower. Market participants view current low/medium heat NDM prices 
as a natural barrier to any increases in dry buttermilk. Dry buttermilk 
production is ongoing as various butter/powder plants focus on clearing 
intakes. However, there is ready availability of f.o.b. spot condensed 
buttermilk loads as manufacturers focus on throughput. Interest in 
condensed buttermilk is improving into Class II end uses, although ice 
cream/frozen dessert production trends lag expectations at some 
locations. Dry buttermilk inventories are steady to building.
EAST: Limited activity in the spot market caused dry buttermilk prices 
to remain unchanged this week. Manufacturers continue to run heavy 
churning schedules, which add to dry buttermilk volumes. Production is 
outpacing sales, with end-user interest at seasonal levels. Movement is 
consistent on a contractual basis. The dry buttermilk market undertone 
is steady.    

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