MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  January 12, 2017 (REPORT 2)                   

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk are mixed. Volume 
purchases define the lower end of the range. Dry buttermilk 
production is somewhat active in response to strong churning 
activity. Contract accounts are clearing a good portion of new 
production. Producer supplies of dry buttermilk continue to 
increase. Spot demand is sluggish. The market undertone is steady.
DAIRY PRODUCTS: According to NASS, U.S. dry buttermilk production 
during November 2016 totaled 9.8 million pounds, 22.9% more than a 
year ago and 16.1% more than the last month. Month ending stocks 
were 20.1 million pounds, up 76.6% from last year and up 13.4% 
from last month.
EAST: Dry buttermilk prices in the East shifted lower at the 
bottom of the range, but moved higher at the top of the range.
Dry buttermilk production is mostly steady, but higher for some 
processors. Overall, dry buttermilk volumes in the East remain 
limited as a drying operation remains offline. However, generated 
supplies are adequate for near term accounts. Spot activity is 
intermittent in a fairly quiet market. The dry buttermilk market 
undertone is firm and consistent with strengthening NDM markets.

F.O.B. CENTRAL/EAST:    .8900 - 1.0500                      

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