MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. November 10, 2016 (REPORT 45)**UPDATED DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Prices for dry buttermilk in the Central region saw a marginal change at the top of the range, but held steady at the bottom, supported by spot transactions and sales based on various price indices. Stocks are generally comfortable for manufacturers, consequently, loads are held with confidence for near term use. Some butter operations are selling condensed buttermilk to keep dry buttermilk inventories in check. Buyer interest is mostly light, in step with limited manufacturers' offerings. Supplies in the region are moving through contracts. Spot and resale trading was little to none, respectively, this report week. The market undertone is mostly steady. EAST: The East region dry buttermilk price is steady to lower, with a slight adjustment at the top of the range based on pricing indices. Dry buttermilk production schedules are variable, with limited butter production by some regional processors. Therefore, manufacturers' offerings to the spot market are uneven as some current production is earmarked for contract fulfillment. Light to moderate supplies are available in most inventories. Interest from manufacturers of dry baking mix is trending lower. The October 2016 Dairy Market News monthly average for Central and East dry buttermilk pricing series is $0.8775 compared to $0.9138 a year ago. **DAIRY PRODUCTS: According to NASS, U.S. production of dry buttermilk during September 2016 totaled 7.2 million pounds, 3.9% more than a year ago and 5.6% more than the previous month. F.O.B. CENTRAL/EAST: .8400 - .9225 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