MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  August 10, 2017 (REPORT 32)                   

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk were steady. Spot sale 
trading was fairly quiet. Demand for dry buttermilk is mixed. Dry 
buttermilk production has decelerated week after week. Inventory reports 
range from plant to plant. Q3 dry buttermilk loads are harder to find, 
but there are reports of plenty of off-spec buttermilk available to 
brokers and/or feed suppliers. The market undertone is uncertain. The 
NASS Dairy Products report noted U.S. dry buttermilk production during 
June 2017 totaled 8.0 million pounds, 0.9 percent lower than a year ago. 
Total U.S. dry buttermilk month-ending stocks for June were 16.2 million 
pounds, 24.5 percent below last year. The DMN monthly average of the 
range price series for Central and East dry buttermilk during July was 
$0.8821, compared to $0.8065 a year ago.
EAST: Dry buttermilk prices are unchanged on the price series. In the 
East, a number of manufacturers are not offering dry buttermilk on the 
market. Some market participants have a high need for dry buttermilk, 
and are willing to purchase loads at higher prices, but the majority of 
sales are around $0.90. Production is steady in a couple balancing 
plants and turned off in a number of plants. Inventories are adequate to 
limited. The market tone is stable to uncertain as there are limited 
offers, but individuals are willing to purchase at higher prices, based 
on time and need.  

F.O.B. CENTRAL/EAST:    .8450 - .9225                       

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