Dry Buttermilk - Central and East
USDA - Thu Dec 07, 2:14PM CST
MD_DA350                                                    
DA                                                          
MD DA350 Dry Buttermilk (Central and East)                  

MADISON, WI.  December 07, 2017 (REPORT 49)                 

DRY BUTTERMILK - CENTRAL AND EAST                           

CENTRAL: Prices for Central dry buttermilk are unchanged to lower. Dry 
buttermilk spot trades were sporadic. Dry buttermilk production has 
begun to slow, as producers have started to place nonfat dry milk on the 
forefront of the production line again. That being said, contacts 
suggest there is plenty of dry buttermilk available, but current price 
points are above what the typical buyer is willing to spend. The dry 
buttermilk market tone is weakening. The November 2017 Dairy Market News 
monthly average price for the Central and East dry buttermilk is 
$0.8636, compared to $0.8923 a year ago. The NASS Dairy Products report 
noted U.S. dry buttermilk production during October 2017 totaled 9.5 
million pounds, 13.1 percent higher than a year ago. Total U.S. dry 
buttermilk month-ending stocks for October were 18.5 million pounds, 4.6 
percent above last year.
EAST: Prices for Eastern dry buttermilk declined on the bottom of the 
range but held steady on the top. Trading activity is steady to 
stagnate. Buttermilk drying is active in some balancing operations and 
quiet in others. There are expectations of Eastern butter production 
increasing in the near future, which should spur additional dry 
buttermilk production. Inventories are light to stable. In addition, 
some manufacturers' supplies are growing. The demand for dry buttermilk 
is steady to sluggish as many market participants are not purchasing 
spot loads currently. The market undertone is steady to weak.  

F.O.B. CENTRAL/EAST:    .7500 - .8875                       

1100CT Israel.Weber@ams.usda.gov 608.422.8601
Jessica.Mueller@ams.usda.gov 608.422.8589 
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