MD_DA350

     Buttermilk - Eastern and Central U.S.

     Report 40 - Released on October 03, 2019

     CENTRAL: Dry buttermilk spot trades were active this week, falling in line with other dairy
     powder markets. Seasonal fall activity is starting to percolate. Bakers are buying more
     butter and buttermilk in both condensed and powder forms. Cream is widely available in the
     region. However, butter makers and cream handlers confirm that plant managers are keeping
     close tabs cream on purchases and on the churns, so as to not overproduce. Spot demand is
     steady, but available loads are typically contractually obligated. Spot prices, therefore,
     were slightly higher on the top of the range. Generally, market tones are steady to steadily
     bullish.
     EAST: Dry buttermilk spot prices are a bit higher on the top of the range. There was a
     slight uptick in spot trading activities this week. In general, outside of regular
     contracts, spot trade activity in the East is fairly low. Drying time is limited in many
     manufacturers' schedules. Outside of contracts, supplies are limited at this time. Market
     participants anticipate market conditions will strengthen once the baking season draws
     closer.
     Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible
     Buttermilk
     Price Range ; $/LB:                                    1.0400 - 1.1150


     Information for the period September 30 -  October 4, 2019, issued weekly

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