MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  May 11, 2017 (REPORT 19)                      

DRY BUTTERMILK - CENTRAL AND EAST                                                      

CENTRAL: This week, dry buttermilk prices in the Central region decreased 
on the bottom and top of the range. Dry buttermilk spot market offers 
increased, but completed transactions were limited. Demand for dry 
buttermilk is light, and some contacts suggest current softness may last 
for the near term. Buttermilk drying is light, as nonfat dry milk takes 
up the bulk of dryer time. Dry buttermilk inventories are reportedly 
adequate to long. The dry buttermilk market tone is unsteady. The NASS 
Dairy Products report noted U.S. dry buttermilk production during March 
2017 totaled 9.8 million pounds, 1.9 percent higher than a year ago. 
Total U.S. dry buttermilk month-ending stocks for March were 26.6 
million pounds, 6.0 percent above last year. 
EAST: Dry buttermilk prices in the Eastern region shifted downward on 
both ends of the price series this week. Production is active, as dryers 
are running condensed buttermilk at strong levels. Dry buttermilk stocks 
are manageable to long. Interest is fair, and trading activity continues 
to be light. The market tone is unsettled, as prices appear to be 
weakening.  

F.O.B. CENTRAL/EAST:    .7800 - .8900                       


1100CT Jessica.Mueller@ams.usda.gov 608.422.8589
Israel.Weber@ams.usda.gov 608.422.8601
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