MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  July 13, 2017 (REPORT 28)                     

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk inched up on the bottom 
of the range. Spot sale trading did not pick up much following the 
holiday week. Dry buttermilk production is down. Inventories are 
following suit, as producers are tailoring production for current 
and/or returning customers. Dry buttermilk demand is fair. The 
market undertone is steady. The NASS Dairy Products report noted 
U.S. dry buttermilk production during May 2017 totaled 9.4 million 
pounds, 6.7 percent higher than a year ago. Total U.S. dry 
buttermilk month-ending stocks for May were 20.7 million pounds, 
14.3 percent below last year.
EAST: Dry buttermilk prices in the East shifted up on the bottom 
of the range price series. Production is steady to limited as many 
manufacturers are not drying buttermilk. Inventories on hand are 
moderate to light. With limited supply, spot sale trading has been 
light to quiet. The demand for dry buttermilk is moderate. A 
number of market participants are willing to purchase spot loads 
at higher prices than a few weeks ago to build holdings. The 
market tone is generally balanced. 

F.O.B. CENTRAL/EAST:    .8450 - .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