D_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  April 06, 2017 (REPORT 14)                    

DRY BUTTERMILK - CENTRAL AND EAST                                                                                      
                                                            
CENTRAL: Dry buttermilk prices remained steady. Dry buttermilk spot 
activity was light, while demand is moderate to slow as spring holiday 
orders are nearing their end. Some ice cream manufacturers are showing 
interest in buttermilk, but some contacts suggest that current cool 
weather may slow those orders. Dry buttermilk production is lighter this 
week, as drying is beginning to correspond with slowing butter churning. 
Supplies of dry buttermilk are comfortable, as some end users report 
being adequately stocked internally. The buttermilk market tone is 
quiet. The NASS Dairy Products report noted U.S. dry buttermilk 
production during February 2017 totaled 10.7 million pounds, 1.3 percent 
lower than a year ago. Total U.S. dry buttermilk month-ending stocks for 
February were 26.1 million pounds, 1.5 percent above last year.
EAST: The price range for Eastern dry buttermilk markets remains steady 
following very limited spot trading. Offerings are noted closer to the 
lower end of the range. Production is active. Most contacts are trying 
to move as much condensed buttermilk as possible to circumvent drying 
costs. Dry buttermilk stocks are adequate and growing as ice cream 
demand develops. The market undertone for dry buttermilk is depressed, 
characterized by light demand. The March 2017 Dairy Market News monthly 
average for the Central and East dry buttermilk series is $0.9291 
compared to $0.7736 a year ago.

F.O.B. CENTRAL/EAST:    .8000 - 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