MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  July 06, 2017 (REPORT 27)                     

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk increased slightly on the top 
of the range. Spot sale trading was steady, if only slightly slower 
because of the Fourth of July holiday. Dry buttermilk production is 
tapering off. Many manufacturers are drying buttermilk solely for 
contractual obligations. Inventories, as such, are also on the decline. 
Dry buttermilk interest is steady, but ice cream makers continue to take 
on condensed buttermilk. The market undertone is uncertain. The DMN 
monthly average of the range price series for Central and East dry 
buttermilk during June was $0.8673, compared to $0.7618 a year ago.
EAST: Prices in the East region for dry buttermilk inched up on the top 
of the range price series this week. Production is mixed as a number of 
Eastern manufacturers are not focused on drying buttermilk. Inventories 
are moderate to tight. Outside of contractual needs and due to the short 
supply, spot sale trading is limited. The demand for dry buttermilk is 
mild as ice cream manufacturers are using condensed buttermilk in 
production. The market undertone is moderate to uncertain. 

F.O.B. CENTRAL/EAST:    .8400 - .9200                       

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