MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  December 01, 2016 (REPORT 48)                 

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
                                                            
CENTRAL: Central dry buttermilk prices are lower to steady. The 
market tone is mixed as ample dry buttermilk stocks contrast with 
recent firm butterfat prices. Dry buttermilk production is active 
as cream clears through churns. However, some condensed buttermilk 
loads are being sold via spot or contract agreements to alleviate 
pressure on dryers. Dry buttermilk inventories are building. 
EAST: Dry buttermilk prices are mixed. The market undertone is 
unsettled for most industry contacts. Spot trading activity is 
light to moderate as most transactions are based on contract 
requirements. Demand from bakers is active, mainly sustained by 
the year-end holiday needs. Production is active as sufficient 
condensed buttermilk volumes are clearing into dryers. Inventories 
are steady to building.


F.O.B. CENTRAL/EAST:    .8500 - .9400                       

                       
1100CT Angel.Teran@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