MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  April 21, 2016 (REPORT 16)                    


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Central dry buttermilk prices are lower as various indices 
adjust lower and manufacturers offer lower spot prices to manage 
inventories. Production is steady as cream clearing into butter is 
active. Class II end users are channeling condensed buttermilk directly 
into some production facilities. This is decreasing the volumes clearing 
through some regional dryers. Inventories are steady to building. For 
some manufacturers who use dry buttermilk internally, inventories are 
growing along projected trend lines.
EAST: Prices for Eastern dry buttermilk are lower on f.o.b. spot sales.  
This week, production of dry buttermilk is mostly steady, with slight 
declines in output for manufacturers performing maintenance activities. 
Trading is light and limited mostly to contract purchases with a few 
spot sales transacted periodically. Producers appear comfortable with 
expanding inventories; warmer ensuing weather will encourage stronger 
demand as ice cream production improves seasonally. Meanwhile, buyers 
are searching the market for competitive offerings for hand-to-mouth dry 
buttermilk needs. The market undertone is weak. 

F.O.B. CENTRAL/EAST:    .7000 - .8050                       

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