MD_DA350

     Buttermilk - Eastern and Central U.S.

     Report 13 - Released on March 26, 2020

     CENTRAL: Dry buttermilk prices are slightly lower on a moderate trading week. Undoubtedly,
     as other dairy powder markets face continued pressure, buttermilk markets are potentially
     facing the same pressure. There is a lot of cream into churning, hence some more dry
     buttermilk availability, which has been expected in recent weeks. That said, producers are
     still finding some traction in the mid $1.10s. Dry buttermilk market tones are steady, but
     facing some pressure due to the current bearishness of most dairy powder markets.

     EAST: Dry buttermilk prices are lower. Spot sales occur around light to moderate dry
     buttermilk interest. Thrifty shoppers continue to see a price advantage in purchasing
     condensed buttermilk. At some plants, production volumes parallel the phasing out of holiday
     butter churning. Inventories remain tight. The market undertone is unsettled.
     Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible
     Buttermilk
     Price Range ; $/LB:                                    1.0500 - 1.1700


     Information for the period March 23 - 27, 2020, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     DANIEL JOHNSON, 608-422-8605
     Email: daniel.johnson4@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