MD_DA350

     Buttermilk - Eastern and Central U.S.

     Report 11 - Released on March 16, 2023

     Central: The dry buttermilk price series for the Central region moved lower at the bottom
     end of the range. Despite tightening cream supplies, market contacts have relayed that
     churns are active and condensed buttermilk is available for drying. Production is steady to
     weaker, and demand outside of contracted loads is quiet. Contacts have reported that aging
     dry buttermilk stocks are moving into feed channels. Bearish market tones persist.

     East: The price for dry buttermilk in the East dropped lower at the bottom end of the range.
     Butter churns remain active despite tightening cream supplies and condensed buttermilk
     supplies are steady, however, drying challenges persist in the region. The processing of new
     dry buttermilk supplies is adequate to meet the needs of contractual obligations. Demand
     remains quiet.
     Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible
     Buttermilk
     Price Range ; $/LB:                                    1.1000 - 1.2200


     Information for the period March 13 - 17, 2023, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ROMAN CARAMAN, 608-422-8593
     Email: roman.caraman@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