MD_DA350

     Buttermilk - Eastern and Central U.S.

     Report 49 - Released on December 05, 2019

     Central: Buttermilk powder trading in the region, unlike some other dairy powder sales, were
     slow after Thanksgiving. Prices, therefore, remain unchanged. As nonfat dry milk and dry
     whey powder trading showed firmness, dry buttermilk may be facing a late-season lull.
     Inventories have been available. Currently, demand is steady. Drying, which has been very
     active until recently, is taking a backseat to condensed skim drying as nonfat dry milk
     markets are clearly favoring the seller. Churning is busier, but trading condensed
     buttermilk, when possible, mutually benefits the buyer and seller. Dry buttermilk market
     tones are quiet.

     EAST: Dry buttermilk markets are unchanged on light f.o.b. spot trading. Moderate to heavy
     churning this week marginally increased dry buttermilk output. However, some spot buyers
     continue to chase loads, as availability remains limited apart from regular customer needs.
     The undertone is steady in the East market.

     The DMN monthly average of the range price series for Central and East dry buttermilk during
     November was $1.1063, compared to $1.0878 in October.
     Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible
     Buttermilk
     Price Range ; $/LB:                                    1.0900 - 1.1300


     Information for the period December 2 - 6, 2019, issued weekly

     Secondary Sourced Information:

     Dairy Products Report – Dry Buttermilk Summary
     Released December 4, 2019, by the National Agricultural Statistics Service (NASS),
     Agricultural Statistics Board, United States Department of Agriculture (USDA).

                        Dry buttermilk – United States: Oct 2018 and 2019
                        Monthly Production (1000 pounds)   Percent Change from
                                Oct       Sept      Oct           Oct      Sept
     Region                    2018       2019     2019          2018      2019
     United States           10,072      8,847    8,905         -11.6       0.7

                                    Manufacturers' stocks end-of-month 3/
                       End of month stocks (1000 pounds)    Percent Change from
                                Oct       Sept      Oct           Oct      Sept
     Product                   2018       2019     2019          2018      2019
     Dry buttermilk, total   12,975     13,884   12,413          -4.3     -10.6
     3/ Stocks held by manufacturers at all points and in transit.
     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@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