MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  July 20, 2017 (REPORT 29)                     

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                           
CENTRAL: The Central region's dry buttermilk prices held steady. Spot 
sales picked up a bit this week as some market participants saw 
increased interest. Dairy industry individuals reported offers of Q1 dry 
buttermilk at lower prices. Production continues to be limited in many 
manufacturing plants. Inventories are moderate to light. A few 
manufacturers have adequate holdings to sell spot loads from their 
inventory. However, a number of manufacturers are light on stocks and 
are limited to selling dry buttermilk via contracts. The interest is 
steady to moderate and the market tone is fair. 
EAST: Prices for dry buttermilk in the East remained steady this week. 
Market participants communicated seeing offers priced higher than the 
price series but sales were not confirmed. Spot sale trading has been 
light as a number of dairy contacts are not seeing many offers. Dry 
buttermilk production is steady to quiet as low/medium heat nonfat dry 
milk has filled up drying time. With mixed output, inventories are 
adequate to tight. The demand is fair and market undertone is steady. 

F.O.B. CENTRAL/EAST:    .8450 - .9200                       

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