MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  August 24, 2017 (REPORT 34)                   

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk remained steady on the range. 
Spot sale activity was down relative to last week, as spot availability 
of Q3 dry buttermilk loads is limited. Demand for dry buttermilk is 
steady, whereas demand for condensed buttermilk is strong. Dry 
buttermilk production remains short of meeting demand needs, which 
factors into the recent price increases. The dry buttermilk market tone 
is steady.
EAST: Dry buttermilk prices in the East region remained unchanged this 
week. With cream in high demand, many butter makers are not churning, 
but selling their cream. Dry buttermilk production is steady to stagnate 
as a number of manufacturers are not making butter and drying time is 
mainly consumed by low/medium heat nonfat dry milk. Inventories are 
manageable in a few plants and limited in other plants. Sales activity 
has been steady to light as spot availability is limited. The demand is 
steady to irregular, as some market participants are willing to purchase 
dry buttermilk at higher prices. However, many dairy individuals are 
anticipating the market to change as the low/medium heat nonfat dry milk 
price is adjusting. The market tone is steady to uncertain.  
                       
F.O.B. CENTRAL/EAST:    .8600 - .9500                       

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