MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  October 12, 2017 (REPORT 41)                  

DRY BUTTERMILK - CENTRAL AND EAST                           

CENTRAL: Prices for Central dry buttermilk remained steady on a slow 
trading week. Dry buttermilk demand is mixed, but some producers 
continue to report buyers are remaining patient, awaiting the 
possibility of downticks of buttermilk prices. Inventories are growing 
as butter makers have continued to intake fairly steady amounts of 
cream, which has recently begun to firm. The dry buttermilk market tone 
is uncertain.
EAST: The price of dry buttermilk is steady. Activity is light in the 
spot market, as dry buttermilk remains tight. Some market participants 
are looking for loads as they expect prices to firm, with cream supplies 
increasingly clearing to Class II for holiday production. Consequently, 
dry buttermilk production is light to adequate, with most deliveries 
satisfying contract fulfillment. Some buyers are finding it difficult to 
obtain dry buttermilk, in the East, in utilizable bags. The dry 
DAIRY PRODUCTS:  According to NASS, U.S. production of dry buttermilk 
during August 2017 totaled 7.5 million pounds, 10.9 percent above a year 
ago, but 5.0 percent below the previous month. Month ending stocks were 
14.0 million pounds, down 13.4 percent from the previous year and down 
11.8 percent from last month. 

F.O.B. CENTRAL/EAST:    .8700 - .9475     


1100CT daniel.johnson@ams.usda.gov 608.422.85 
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