BALCHEM CORP — Director's Dealing 2005

Nov 25, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALCHEM CORP (BCP)
CIK: 0000009326
Period of Report: 2005-11-21

Reporting Person: LUDWIG DAVID F (VP/Gen Manager/ARC Spec Prod)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-21	Common Stock	S	700	$28.80	Disposed	29400	Direct
2005-11-21	Common Stock	S	1000	$28.50	Disposed	28400	Direct
2005-11-21	Common Stock	S	100	$28.55	Disposed	28300	Direct
2005-11-23	Common Stock	S	400	$28	Disposed	27900	Direct