MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  February 09, 2017 (REPORT 6)                  

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Dry buttermilk prices inched up in the range this week. 
Contacts report the market tone is steady to slightly firm. Dry 
buttermilk inventories are tightening, as dryer time focus 
continues to be on nonfat dry milk in production facilities. Some 
end users report buying heavily early in the year and are now 
sufficiently stocked, but others consider current prices to be 
reasonable and are buying.  
EAST: In the East, dry buttermilk f.o.b. spot market prices are 
slightly higher. Demands from the bakery sector are inching up, as 
the spring baking season is close. Dry buttermilk production is 
limited as many balancing plant operators are focusing on clearing 
large condensed skim volumes into dryers to produce NDM. 
Therefore, dry buttermilk inventories continue tightening in the 
region on a steady to firm market. The January 2017 Dairy Market 
News monthly average for the Central and East dry buttermilk 
series is $0.9715 compared to $0.8249 a year ago. 
DAIRY PRODUCTS:  According to NASS, U.S. production of dry 
buttermilk during December 2016 totaled 11.0 million pounds, 4.5% 
down from a year ago, but 12.2% more than the previous month. 
Month ending stocks were 23.3 million pounds, up 36.3% from last 
year and 13.3% from last month. 


F.O.B. CENTRAL/EAST:    .9050 - 1.0500                      
                                                           

1100CT Angel.Teran@ams.usda.gov 608.422.8593  
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