MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  April 07, 2016 (REPORT 14)                    


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Central dry buttermilk prices are unchanged. Interest is light 
out of contracts; however, contract volumes are moving seasonally higher 
shipments to some Class II operations. Central buyers report 
availability from western manufacturers is steady and some loads from 
the west continue to clear into the Central region at competitive 
prices. Dry buttermilk production is steady, following butter production 
trends; however, some condensed buttermilk volumes are clearing to 
regional Class II facilities. The DMN monthly average of the range price 
series for Central and East dry buttermilk during March was $.7736, 
compared to $.9374 a year ago. The NASS Dairy Products report noted U.S. 
dry buttermilk unadjusted production during February 2016 totaled 10.8 
million pounds, 14.7 percent higher than a year ago. Total U.S. dry 
buttermilk month-ending stocks for February were 25.7 million pounds, 
1.6 percent above last year.
EAST: Eastern dry buttermilk prices are steady. Dry buttermilk output is 
steady with elevated production at most butter operations, as butter 
making thrives. Producers' inventories are expanding. A number of buyers 
are comfortable with existing holdings, with no pressure to add to their 
inventories. Hence, f.o.b. spot activity is sluggish, as the market 
pushes for lower prices. Dry buttermilk has a steady to weak undertone.
DAIRY PRODUCTS: According to NASS, U.S. production (unadjusted) of dry 
buttermilk during February 2016 totaled 10.8 million pounds, 14.7% more 
than a year ago, but 5.2% less than the previous month. Month ending 
stocks were 25.7 million pounds, 1.6% more than a year ago and 19.9% 
more than the previous month.

F.O.B. CENTRAL/EAST:    .7200 - .8125

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