MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  February 16, 2017 (REPORT 7)                  

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Dry buttermilk prices are unchanged from last week. 
Demand from industrial bakers is beginning to increase in time for 
early spring holiday ordering. The market tone remains fairly 
stable. Limited dryer time keeps dry buttermilk production levels 
lower. Uptick in demand and lower production levels have kept dry 
buttermilk supplies tight. The spot market has been relatively 
quiet. Some below market spot trades were reported this week, but 
manufacturers report these were to manage inventories and not 
indicative of general market trends.
EAST: Dry buttermilk prices in the East are unchanged on a steady 
market. Demand is slow, with blending operations showing the best 
interest. Sources note off grade offerings of dry buttermilk in 
some markets. Dry buttermilk production is steady. Producers 
continue to clear loads of condensed buttermilk to avoid further 
drying cost. Drying time can be an issue, as NDM is a priority, 
subsequently to buttermilk. Dry buttermilk stocks vary, balanced 
to tight. The market undertone remains steady to firm.

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

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