Dry Buttermilk - Central and East
USDA - Thu Jan 10, 10:13AM CST
MD_DA350

     Buttermilk - Eastern and Central U.S.

     Report 2 - Released on January 10, 2019

     CENTRAL: Dry buttermilk markets picked up, both in activity and in price this week.
     Undoubtedly, buttermilk is currently being sought by end users ahead of springtime bakery
     and confectionary production pushes. Producers suggest they are trying to keep up with
     contracts and have only the occasional spot offering. Nevertheless, more spots were reported
     this week than in any week during the holiday lull. Currently, copious cream loads are
     making their way into butter churns across the region. The outcome could be more dry
     buttermilk availability in the near term. All said, buttermilk powder markets are steadily
     bullish.
     EAST: Dry buttermilk prices increased on both sides of the price series. Spot offers are
     limited on the market currently. When there is availability, market participants are
     purchasing at higher prices at this time. However, some buyers are not participating on the
     spot market right now. Drying time has increased in some operations. Some inventory levels
     are growing a bit. However, stocks are generally lower, and many loads are clearing to
     regular contracts. Current market conditions are steady to showing some signs of strength.
     The December 2018 Dairy Market News monthly average price for the Central and East dry
     buttermilk is $0.9472, compared to $0.8080, the 2018 yearly average.
     Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible
     Buttermilk
     Price Range ; $/LB:                                    .9400 - .9900


     Information for the period January 7 - 11, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@ams.usda.gov
     JESSICA MUELLER, 608-422-8589
     Email: jessica.mueller@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