MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  December 15, 2016 (REPORT 50)                 


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Dry buttermilk prices in the Central region show lower 
numbers for f.o.b. spot market transactions this week. Typically, 
at this time of year, that is a sign of manufacturers clearing 
inventory. Comparably, there are offerings of older dry buttermilk 
powder clearing the region's markets. Production is mostly steady 
to lower. Manufacturers anticipate escalated drying schedules with 
the likelihood of surplus cream holdings for butter makers as the 
week concludes and into next week. Dry buttermilk interest appears 
seasonally active. Supplies are moderate to light.  
EAST: Eastern dry buttermilk prices declined noticeably at the 
bottom of the range, a reflection of the available volumes of 
Q1/Q2 buttermilk. Dry buttermilk drying rates lessened because 
churning rates were lower this week as cream supplies tightened 
under good Class II and export demand. However, butter makers 
expect heavier volumes of cream during the holidays and are 
preparing accordingly. At this point, producers' dry buttermilk 
stocks are fairly balanced. Demand is steady. Contracts for 2017 
are ongoing.

F.O.B. CENTRAL/EAST:    .7800 - .9200  

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