MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  August 31, 2017 (REPORT 35)                   

DRY BUTTERMILK - CENTRAL AND EAST                           
                                                            
CENTRAL: Prices for Central dry buttermilk remained steady. Spot sale 
activity was moderate, as producers point out that interest in Q3 dry 
buttermilk is outpacing production capabilities. Dry buttermilk 
production is steady, but much of the production remains contractually 
based, leaving extra spot loads harder to obtain. The dry buttermilk 
market tone is firm. 
EAST: Prices for dry buttermilk are steady in the East. Spot sales 
activity is steady to slim, as there have been limited offers from 
manufacturers in the market. Dry buttermilk drying time schedules are 
active in some plants and quiet in other plants. With mixed output, 
inventories are adequate for contract needs, but tight to limited for 
spot sales. The demand is steady from a number of traders who are 
willing to purchase loads at higher prices. On the other hand, the 
demand from many market participants is somewhat bearish as they do not 
need dry buttermilk currently and are waiting to see what happens to the 
price. The market undertone is moderate and the demand is stable to 
stagnant. 

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