MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  June 29, 2017 (REPORT 26)                     

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk remained steady this week. 
Spot sale trading was steady to light. Dry buttermilk production is 
steady to limited as drying time is decreasing. Inventories are 
tightening. Dry buttermilk interest is blended, as many Class II 
manufacturers and various end users choose to favor condensed 
buttermilk. The market undertone is unsettled as prices for components 
in dry buttermilk are mixed.   
EAST: Dry buttermilk prices in the East held steady this week. Spot sale 
trading activities have been moderate. Dry buttermilk production is 
steady to limited as a number of dryers are scheduled for processing 
condensed skim. Sources note that some producers had to cut back on 
contractual loads of dry buttermilk this week. With limited drying time, 
dry buttermilk inventories are adequate to tight. The demand is 
unsettled as some market participants weigh out time and need factors. 
The market undertone is steady to uncertain as prices for low/medium 
heat nonfat dry milk are falling, but butter prices are stable.  

F.O.B. CENTRAL/EAST:    .8400 - .9100                       

1100CT Jessica.Mueller@ams.usda.gov 608.422.8589
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