MD_DA350 Buttermilk - Eastern and Central U.S. Report 38 - Released on September 17, 2020 CENTRAL: Dry buttermilk prices dropped on the bottom of the range, while maintaining at the top. Even with the decrease, market sentiment is holding firm. Producers have been saying they have availability, but recently produced loads are moving quickly. Most contacts within the Central region are reporting prices at closer to $1 and just above. The supply narrative remains similar, but demand is expected to push up as baking season has arrived. Market tones, despite the price decrease, are steady with bullish indicators. EAST: Dry buttermilk prices are a bit lower, widening the price range this week. Drying schedules are unchanged in plants. Inventory levels are lighter, as most loads are committed to contracts currently. Although prices have shifted, market conditions are fairly stable. Market participants are actively seeking brand specific buttermilk powder for their customers. Some buyers are purchasing LTLs to supply the demands from bakery operations. Also, there are industry contacts storing away loads in preparation for stronger interests in the near future. Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible Buttermilk Price Range ; $/LB: .9200 - 1.0300 Information for the period September 14 - 18, 2020, 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