MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  April 20, 2017 (REPORT 16)                    

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: This week, dry buttermilk prices in the Central region slid 
downward on the top of the range. Dry buttermilk spot offers have been 
steady. However, most dry buttermilk is moving through contractual 
means. Interest from ice cream makers is beginning to strengthen. 
Production is light as dryer time has been limited, and ice cream 
manufacturers are buying condensed buttermilk, thus sidestepping the 
drying process. Dry buttermilk inventories are adequate. The dry 
buttermilk undertone is unsettled. 
EAST: Dry buttermilk prices are steady to lower in a quiet spot market. 
Cash transactions for dry buttermilk are tentative as buyers experience 
price advantages purchasing condensed buttermilk. Buyers are beginning 
to see a few more spot offers being made available in domestic markets. 
Interest from ice cream is steady to improving. Production rates are 
mixed. Dry buttermilk inventories are adequate and held with confidence 
by most producers. In general, the dry buttermilk market undertone is 
unsettled.

F.O.B. CENTRAL/EAST:    .8000 - .9200                                                                                   

1100CT Daniel.Johnson@ams.usda.gov 
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home