MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  March 24, 2016 (REPORT 12)                    

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
                                                            
CENTRAL: Central dry buttermilk prices remain unchanged. The market tone 
is steady to weak in an untested market. Overall, production is down 
slightly due to eased butter production schedules and increases in 
condensed buttermilk sales. Dry buttermilk buying interest has slowed 
this holiday week, as buyers assess needs against where they perceive 
the market should be. Movement of product through contracts remains 
steady, but f.o.b. spot sales activity is light this week according to 
market participants. Dry buttermilk stocks are building and sufficient 
for near-term processing needs.
EAST: Prices for Eastern dry buttermilk are unchanged from the previous 
week. Dry buttermilk production is steady to lower as some butter plants 
note a decline in churning rates, with the completion of holiday orders. 
More condensed buttermilk is moving to ice cream as condensed skim 
volumes dominate dryer time. Producers' stocks of dry buttermilk are 
mostly moderate and in balance, but growing due to a fairly quiet 
holiday trading week. The 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