MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  August 17, 2017 (REPORT 33)                   


DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk increased on both the top and 
bottom of the price range. Spot sale trading was slightly up from last 
week. Demand for dry buttermilk is steady. Many end users, notably ice 
cream manufacturers, are in the market for condensed buttermilk. Dry 
buttermilk production, therefore, has slowed considerably. The uptrend 
in spot pricing could be attributed to buyers looking for Q3 dried 
buttermilk, which is not readily available. The dry buttermilk market 
undertone is steady.
EAST: The region's dry buttermilk prices pushed higher. Dry buttermilk 
demand is intermittent to steady as most buyers look forward to a market 
adjustment from the pressure of NDM. Variances in demand include pricing 
and buyers' need. Some market sources relate the strength of dry 
buttermilk to "the lack of separation", when limited milk clears to 
bottling during the summer months and neutralizes cream volumes that 
typically go into butter making. This week, production is unchanged to 
lower, due to restricted churning by some plants in parts of the region. 
Buttermilk stocks are closely balanced and adequate to cover contractual 
needs, but f.o.b. spot inquiries are going unfilled in some instances. 
The market undertone for dry buttermilk is unsettled as prices firm. 

F.O.B. CENTRAL/EAST:    .8600 - .9500                       

1100CT daniel.johnson@ams.usda.gov 608.422.8605 
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