MD_DA340

     Buttermilk - Western U.S.

     Report 12 - Released on March 21, 2019

     In the West region, free on board (f.o.b.) spot prices for dry buttermilk dropped on the
     range, shadowing regional NDM downtick pricing movements. However, spot prices are unchanged
     on the mostly series. The dry buttermilk market remains relatively stable as the current
     supply is mostly in balance with demands from buyers/end users. In general, dry buttermilk
     production is constant, supported by active butter churning throughout the region. Spot
     sales are slow this week as the bulk of trades is based on contracts. Dry buttermilk
     requests from bakers and ice cream processors are expected to improve ahead of the upcoming
     spring holidays and the summer season.
     Prices for: Western U.S., All First Sales, F.O.B., Conventional, and Edible Buttermilk
     Price Range ; $/LB:                                    .9000 - .9800
     Mostly Range - ; $/LB:                                 .9500 - .9700


     Information for the period March 18 - 22, 2019, issued weekly

     Secondary Sourced Information:

     Dairy Products Report ± Dry buttermilk Summary
     Released March 14, 2019, by the National Agricultural Statistics Service (NASS),
     Agricultural Statistics Board, United States Department of Agriculture (USDA).

                             Dry buttermilk ± United States: 2018 and 2019
                        Monthly Production (1000 pounds)    Percent Change from
                             January  December  January        January   December
     Region                   2018     2018     2019          2018       2018
     United States           13,098     9,295   13,189            0.7       41.9

                                    Manufacturers' stocks end-of-month 3/
                       End of month stocks (1000 pounds)     Percent Change from
                             January    December  January      January   December
     Product                  2018       2018    2019        2018       2018
     Dry buttermilk, total   25,068      19,141   20,713        -17.4        8.2
     3/ Stocks held by manufacturers at all points and in transit.
     Published by:
     Dairy Market News - Madison, WI
     ANGEL TERAN-RAMOS, 6084228593
     Email: angel.teran@ams.usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov/