MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  June 15, 2017 (REPORT 24)                     

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Dry buttermilk prices in the Central region increased on the 
top of the range. Dry buttermilk spot market activity was fair. Dry 
buttermilk demand is increasing. Some end users, particularly ice cream 
manufacturers, are seeking out condensed buttermilk for production 
needs, therefore dry buttermilk drying has slowed and inventories are 
decreasing. The dry buttermilk market tone is firming.
EAST: Eastern dry buttermilk prices shifted higher on the top of the 
range price series. Spot sales were at higher prices this week 
reflecting higher butterfat values. Production has been steady to light 
as condensed buttermilk is clearing into Class II, alleviating some of 
the pressure in drying schedules. Dry buttermilk stocks are adequate for 
contractual needs. Some market participants report quiet trading 
activity. Dry buttermilk interest is moderate and the market tone is 
steady, with some expectation of increased market activity.    

F.O.B. CENTRAL/EAST:    .8300 - .9100                       

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