MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. November 17, 2016 (REPORT 46) DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Dry buttermilk prices in the Central region are steady to higher on light f.o.b. spot trades. Butter churns are expected to see additional volumes of cream during the Thanksgiving holiday week, increasing condensed and dry buttermilk production. Spot offerings remain scarce, but producers are current on contracts. Demand for dry buttermilk is steady. The market undertone is unsettled. EAST: The dry buttermilk price in the East advanced at the bottom of the range, but remained steady at the top. Manufacturers' held stocks are below current demand. Spot market activity is little to none, due to the tight supplies. However, production is expected to increase next week, as some cream based manufacturers will shut down for portions of the holiday week, forcing more cream to churns. Seasonal accounts are good for baking. The dry buttermilk market undertone is unsettled. F.O.B. CENTRAL/EAST: .8800 - .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