MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  August 04, 2016 (REPORT 31)                   

DRY BUTTERMILK - CENTRAL AND EAST                           

CENTRAL: Dry buttermilk prices are unchanged this week on light trading. 
Production is steady to lower this week. Some manufacturers continue to 
move buttermilk as condensed instead of scheduling buttermilk runs on 
dryer schedules. Many ice cream and frozen dessert producers are running 
plants at full capacity and are optimizing on the loads of condensed 
buttermilk manufacturers are moving. As manufacturers opt out of drying 
buttermilk, many inventories are thinning out. Industry contacts report 
good interest from buyers. However, the availability of buttermilk on 
the spot market is declining. Buyers are motivated to make spot load 
purchases in the current market. A few manufacturers report having 
little to no spot load availability and speculate the market will 
continue to firm. The DMN monthly average of the range price series for 
Central and East dry buttermilk during July was $0.8065, compared to 
$0.8430 a year ago.  
EAST: Eastern dry buttermilk prices are unchanged on light trading. 
Demand from bakers is light to fair. According to most industry 
participants, the market undertone is unsettled. Dry buttermilk 
production is trending lower as less cream volumes are clearing into 
butter churning. In addition, ice cream manufacturers are pulling 
significant condensed buttermilk volumes. Inventories are mixed 
throughout the region.
     
                                                 
F.O.B. CENTRAL/EAST:    .7400 - .8600                       

1100CT Angel.Teran@ams.usda.gov/Amy.L.Schmitz@ams.usda.gov
USDA/AMS/Dairy Market News, Madison, Wisconsin (608)557.7006
Dairy Market News website: http://www.ams.usda.gov/market-news/dairyy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home