MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  June 08, 2017 (REPORT 23)                     

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Dry buttermilk prices in the Central region slightly increased 
on the bottom of the price range. Dry buttermilk spot market activity 
was light, as condensed buttermilk is getting taken in by end users, and 
buttermilk drying is being overshadowed by a strengthened nonfat dry 
milk demand. Demand for dry buttermilk is steady. Some producers report 
with little processing time available for buttermilk, they are sending 
buyers away and focusing only on contractual obligations. Buttermilk 
inventories are reportedly light. The dry buttermilk market tone is 
uncertain. The DMN monthly average of the range price series for Central 
and East dry buttermilk during May was $0.8423, compared to $0.7257 a 
year ago. The NASS Dairy Products report noted U.S. dry buttermilk 
production during April 2017 totaled 8.6 million pounds, 10.1 percent 
lower than a year ago. Total U.S. dry buttermilk month-ending stocks for 
April were 26.9 million pounds, 9.2 percent above last year.
EAST: Prices for dry buttermilk increased on the bottom of the range 
this week. Production is steady to limited, as some dryers are focused 
on running low/medium heat nonfat dry milk on heavy schedules. 
Inventories are manageable to decreasing. Market participants report of 
seeing limited availability for spot sales. The demand is fair and the 
market undertone is steady. 


F.O.B. CENTRAL/EAST:    .8300 - .8800                       

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