MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  December 08, 2016 (REPORT 49)                 

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for dry buttermilk adjusted through the range 
series while inching higher at the bottom but slightly lower at 
the top on f.o.b. spot sales. Some butter manufactures are 
clearing loads of available cream, thereby reducing condensed 
buttermilk volumes and ultimately dry buttermilk output. Some 
processors report having no spots loads to offer. Supplies are 
committed through the end of year. Inventories are adequate to 
tight. The dry buttermilk market undertone is steady. The NASS 
Dairy Products report noted U.S. dry buttermilk production during 
October 2016 totaled 8.4 million pounds, 12.9 above a year ago. 
Total month ending stocks of U.S. dry buttermilk were 17.7 million 
pounds, 59.6 percent above last year.
EAST: Dry buttermilk f.o.b. spot prices are mixed this week in the 
East region. Production is steady to lower. Most manufacturers are 
finalizing holiday orders this week. Inventories are comfortable 
for meeting customers' yearend commitments. Cash transactions are 
based on buyers' immediate needs. Typically, end-users are not 
interested in expanding supplies, at this point, as the year 
closes. The market undertone is mostly steady. The November 2016 
DMN monthly average for the Central/East dry buttermilk series is 
$0.8923, compared to $0.9072 a year ago.

F.O.B. CENTRAL/EAST:    .8600 - .9350        

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