MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  April 14, 2016 (REPORT 15)                    


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk are unchanged to lower, as 
the market continues a weak undertone. Active drying is boosting output 
as butter operations process heavy solids coming off regional 
production. Overall sales remain very light, as current dry buttermilk 
production clears loads to existing contracts and adds to growing 
supplies. Buyers are assessing current and future needs against where 
they feel future pricing will settle. Producer offerings are moderate 
but expected to increase as more cream converts to butter. 
EAST: Dry buttermilk prices inched lower at the top of the range on 
light market activity. Dry buttermilk production has expanded at a 
number of processing locations. With increased farm milk intakes, the 
market is seeing cream supplies swell at lower multiples, which is 
paving the way for heavy churning and increased dry buttermilk output. 
Inventory levels are adequate and growing. Supplies are filling current 
contracts or being utilized internally. Spot sales are slow to develop, 
with a few offers below market noted. The undertone is steady to weak. 

F.O.B. CENTRAL/EAST:    .7200 - .8100                                                                                   

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