MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  March 16, 2017 (REPORT 11)                    

DRY BUTTERMILK - CENTRAL AND EAST                           

CENTRAL: Dry buttermilk prices decreased on the bottom and top of the 
range. The dry buttermilk spot market remained active, and some larger 
volume sales were reported as industrial bakeries prepare for the 
spring. Demand of dry buttermilk is fair, but orders are slightly behind 
increasing inventories. Dry buttermilk production is up. However, 
low/medium heat NDM remains the focus of some producers. Inventory 
reports range from comfortable to heavy. The market tone is stable.

EAST: Dry buttermilk prices decreased on the bottom and top of the 
range. End users opting for discounted low/medium heat nonfat dry milk 
have put some pressure on dry buttermilk prices. Some larger volume 
transactions have taken place ahead of the spring holiday season. Dry 
buttermilk production has increased. The spot market was a little more 
active. With increased dry buttermilk production, inventories are 
plentiful for Eastern end users. However, increased ice cream production 
is expected to help manage growing inventories. 

F.O.B. CENTRAL/EAST:    .8300 - 1.0000                      
 
                                                                                                         
1100CT daniel.johnson@ams.usda.gov 608.422.8605  
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