MD_DA350 Buttermilk - Eastern and Central U.S. Report 5 - Released on February 02, 2023 Central: Central dry buttermilk prices dropped lower at both ends of the range. Market contacts note that processors are focusing on working through existing inventories rather than manufacturing more dry buttermilk. Demand is light outside of contracts, with salad dressings, baking mixes, and other shelf-stable goods being some primary end uses. Industry sources anticipate that the dry buttermilk market could pick up as spring holidays approach. Market tones remain bearish. East: In the East, dry buttermilk prices decreased slightly at both ends of the range. Contacts report that since there are notable quantities of dry buttermilk available, manufacturers are focused on drawing upon existing inventories rather than producing additional dry buttermilk inventories. Contracted loads and limited spot order fulfillment are the primary destination for existing inventories. Plentiful condensed skim milk supplies in the region have made nonfat dry milk the focus for drying schedules. The market continues to witness some bearish pressure. Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible Buttermilk Price Range ; $/LB: 1.1700 - 1.2800 Information for the period January 30 - February 3, 2023, issued weekly Published by: Dairy Market News - Madison, WI ISABEL MCNEILL, 608-422-8594 Email: isabel.mcneill@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