MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  September 29, 2016 (REPORT 39)                


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Central dry buttermilk prices are mixed, as f.o.b. spot 
sales lowered the bottom of the range, but adjusted marginally 
higher at the top in a fairly quiet market. Dry buttermilk sales 
activity is mostly contract based. Reports indicate some suppliers 
are oversold on product, with no spot availability. Generally, dry 
buttermilk inventories are tight. In addition, the market notes an 
ample supply of aged dry buttermilk offered at discounted pricing 
in the spot market. Demand is at seasonal levels, with good resale 
activity. The market undertone is firm.
EAST: With marginal upward movement at the top of the range, dry 
buttermilk prices in the East continues to trend higher. Regional 
spot market trading is sluggish, as stocks are limited with little 
product offered beyond manufacturers' commitments. As some dryer 
operations remain offline, dry buttermilk output and availability 
affect the dry buttermilk supply. In some instances, manufacturers 
report processing butter/dry buttermilk for Q4, neither selling 
nor buying cream. Uncommitted cream availability is expanding, 
which will likely increase churning and add to dry buttermilk 
production. The dry buttermilk market undertone is strengthening. 

F.O.B. CENTRAL/EAST:    .8000 - .9100      

1100CT Daniel.Johnso@ams.usda.gov  (608)557.7006
USDA/AMS/Dairy Market News, Madison, Wisconsin 
Dairy Market News website: http://www.ams.usda.gov/market-
news/dairyy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home