MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. September 07, 2017 (REPORT 36) DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Prices for Central dry buttermilk remained steady. Spot sale activity picked up slightly, as some producers were able to offer a few more spot loads than in previous weeks. Dry buttermilk inventories remain fairly hard to find, but with baking season approaching buttermilk drying is expected to be on the rise. The dry buttermilk market tone remains firm. The DMN monthly average of the range price series for Central and East dry buttermilk during August was $0.8967, compared to $0.8176 a year ago. The NASS Dairy Products report noted U.S. dry buttermilk production during July 2017 totaled 7.9 million pounds, 8.3 percent higher than a year ago. Total U.S. dry buttermilk month-ending stocks for July were 15.8 million pounds, 15 percent below last year. EAST: Dry buttermilk prices in the East are unchanged. Spot activity is moderate to minimal as offers are limited in the market. Some manufacturers' contracts are steady, but there is anticipation that orders will pick up in the near future. Current demand is steady to sluggish as many market participants are holding off on purchases. Dry buttermilk production is steady from last week. A few manufacturers' inventories are capable for contracts, but outside of regular agreements, inventories are limited. The market tone is moderate with signs of firmness. 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