MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. October 27, 2016 (REPORT 43) DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Dry buttermilk prices are mixed in f.o.b. spot markets. Production rates vary, as some regional manufacturers are drying buttermilk while others are selling condensed buttermilk. Market sources report a few processors in a sold-out position. Holdings of dry buttermilk are uneven in a tight market. Established customer accounts are handled in a timely manner. Demand is light, as buyers are not yet actively seeking dry buttermilk. The market undertone is unsettled. EAST: Prices for dry buttermilk rose slightly at the top of the range, based on limited f.o.b. spot transaction. Tight cream supplies and minimal churning at some balancing facilities limit Eastern dry buttermilk output. At this point, f.o.b. spot and reseller load availability is light. Buyers, in general, continue to remain cautious with hand-to-mouth purchases. The undertone is mixed, in an unsettled market. F.O.B. CENTRAL/EAST: .8400 - .9250 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