MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  October 20, 2016 (REPORT 42)                  


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: In the Central region, dry buttermilk prices are higher 
through the range on limited f.o.b. spot trades. Dry buttermilk 
production is mostly steady. However, butter processors, in some 
instances, are refraining from making cream purchases in the spot 
market as multiples increase. Less condensed buttermilk is on hand 
for drying as a result. Dry buttermilk sources are indicating that 
markets are tight. Brokers securing product usually make hand-to-
mouth purchases if/when product is available. However, contractual 
commitments are being met on time. The market undertone is steady.
EAST: Dry buttermilk f.o.b. prices are seeing slight gains on both 
ends of the range, in a fairly quiet market. Condensed buttermilk 
clearing butter production helps maintain a steady output. Markets 
are tight in general, but dry buttermilk can be acquired through 
cash purchases in limited channels. Manufacturers with supplies on 
hand note that fewer buyers appear interested, except when looking 
to supply their immediate dry buttermilk needs. Contract shipments 
are at seasonal levels. The market has an unsettled undertone.

F.O.B. CENTRAL/EAST:    .8600 - .9100                      

1100CT Daniel.Johnson@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