MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  February 02, 2017 (REPORT 5)                  

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Dry buttermilk prices shifted lower at the top of the range. 
Interest remains steady, and the market undertone is reportedly stable. 
Dry buttermilk production levels are somewhat light as producers are 
dedicating dryer time to nonfat dry milk. Corresponding to the somewhat 
limited production levels, reports of dry buttermilk inventories remain 
tight. However, inventories are adequate for committed accounts and a 
handful of spot trades.   
EAST: Spot market prices are steady to lower in the East. Dry buttermilk 
production rates are steady to variable as some churns continue to 
purchase outside cream loads. Sources suggest stocks are tight. However, 
producers are comfortable with inventory levels that adequately provide 
for near-term customer accounts. Buying demand is light to moderate. The 
undertone is steady.    

F.O.B. CENTRAL/EAST:    .8900 - 1.0400                      

1100CT daniel.johnson@ams.usda.gov 608.557.7006  
Israel.weber@ams.usda.gov 608.422.8601
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