Dry Buttermilk - Central and East
USDA - Thu Dec 06, 10:29AM CST
MD_DA350

     Buttermilk - Eastern and Central U.S.

     Report 49 - Released on December 06, 2018

     CENTRAL: Dry buttermilk prices shifted up on the bottom of the price range, while holding
     steady on the top. Producers are actively trying to prepare loads for the spot market, and
     trading activity has increased. That said, dried buttermilk, particularly recently produced
     loads, are tight in the region as current demand is overshadowing supply. Contacts have
     suggested offers are pushing over the $1.00 mark. The dry buttermilk market tone is
     unyieldingly bullish of late.

     EAST: Eastern dry buttermilk f.o.b. spot prices continue to firm at the bottom of the range.
     Production rose slightly at some locations over the holiday, but market participants
     projected by week's end, dry buttermilk output would have dipped slightly this post-holiday
     week. While overall light, producers' dry buttermilk stocks are improving to fill holiday
     baking demand. However, limited availability for cash market needs is noted as loads clear
     to regular customers' accounts. In the East, dry buttermilk markets continue to display a
     bullish undertone. The Dairy Market News, November 2018, monthly average price for Central
     and East dry buttermilk is $0.9242, increasing $0.0189, compared to the previous month.
     Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible
     Buttermilk
     Price Range ; $/LB:                                    .9000 - .9775


     Information for the period December 3 - 7, 2018, issued weekly

     Secondary Sourced Information:

     Dairy Products Report �   Dry buttermilk Summary
     Released December 4, 2018, by the National Agricultural Statistics Service (NASS),
     Agricultural Statistics Board, United States Department of Agriculture (USDA).

                             Dry buttermilk � United States: 2017 and 2018
                        Monthly Production (1000 pounds)     Percent Change from
                           October  September  October       October   September
      Region                  2017       2018    2018         2017        2018
     United States            9,512     8,119   9,367         -1.5        15.4

                                    Manufacturers' stocks end-of-month 3/
                       End of month stocks (1000 pounds)     Percent Change from
                           October  September  October       October   September
     Product                  2017       2018    2018         2017        2018
       Dry buttermilk, total 18,435    12,194   12,844       -30.3         5.3
     3/ Stocks held by manufacturers at all points and in transit.
     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@ams.usda.gov
     DANIEL JOHNSON, 608.422.8605
     Email: daniel.johnson.@ams.usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home