Dry Buttermilk - Central and East
USDA - Thu Feb 07, 10:38AM CST
MD_DA350

     Buttermilk - Eastern and Central U.S.

     Report 6 - Released on February 07, 2019

     Central: Dry buttermilk prices continue to strengthen in the Central region. As nonfat dry
     milk quieted down after weeks of upward momentum, tight buttermilk supplies and enduring
     demand remain intact on the buttermilk powder markets. There were numerous less-than-load
     (LTL) trades reported both at the low end and above the current price range, depending on
     need and situation. Butter production has increased seasonally, but more trades of condensed
     buttermilk are keeping dry buttermilk supplies sparse. Buttermilk powder markets are steady.

     EAST: In the East, dry buttermilk f.o.b. prices are a tad up at the top of the range while
     remaining stable at the bottom. Some less than truckload sales are taking place at prices
     higher than the reported range. The market status quo remains strong and fairly stable
     compared to the previous week. A growth in butter production is giving a slight boost to dry
     buttermilk output. However, dry buttermilk manufacturing volumes are still affected by
     drying time restrictions. Outputs are mainly moving through contracts with only marginal
     increases in inventories. Current stocks are tight for spot purchasers. Nevertheless,
     requests are for the most part in good harmony with stocks on hand.
     Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible
     Buttermilk
     Price Range ; $/LB:                                    .9600 - 1.0375


     Information for the period February 4 - 8, 2019, issued weekly

     Secondary Sourced Information:

     The January 2019 Dairy Market News monthly average price for the Central and East dry
     buttermilk is $0.9780, compared to $0.7592 a year ago.

     Dairy Products Report � Dry buttermilk Summary
     Released February 4, 2019, 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
                            November  October   November       November    October
      Region                  2017      2018      2018           2017       2018
     United States           10,119     9,367     9,011         -10.9       -3.8

                                    Manufacturers' stocks end-of-month 3/
                       End of month stocks (1000 pounds)     Percent Change from
                            November   October   November      November    October
     Product                  2017      2018       2018          2017        2018
       Dry buttermilk, total 21,094    12,836     10,828         -48.7      -15.6
     3/ Stocks held by manufacturers at all points and in transit.
     Published by:
     Dairy Market News - Madison, WI
     FLORENCE KONE-GONZALEZ, (608)422-8594
     Israel Weber, (608) 422-8601
     Email: Florence.KoneGonzalez@ams.usda.gov

     Additional Dairy Market News Information:
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     DMN Website: https://www.ams.usda.gov/market-news/dairy
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