MD_DA350 DA MD DA350 Dry Buttermilk (Central and East) MADISON, WI. December 28, 2017 (REPORT 52) DRY BUTTERMILK - CENTRAL AND EAST CENTRAL: Prices for Central dry buttermilk decreased on the top of the range. Dry buttermilk spot activity was light following the holiday, and expectations are mixed to bearish regarding early 2018. Midwestern producers continue to report that drying time is limited for buttermilk, but inventories vary from plant to plant. Some producers suggest loads are available, but at current market prices buyers are hesitant. The dry buttermilk market tone is uncertain. EAST: Eastern dry buttermilk prices are steady to lower. Post- Christmas holiday production is mixed. Dry buttermilk output is being determined by the capacity or the lack thereof to process condensed buttermilk as some operations disclosed having drying limitations. Demand is sluggish. Spot buyers are avoiding bulk shipments until after the New Year holiday period. Accordingly, inventories of dry buttermilk powder, at producing plants, are proportionately building. Most range moderate to somewhat heavy. The undertone of dry buttermilk markets is soft and unassertive. F.O.B. CENTRAL/EAST: .7500 - .8200 1100CT Daniel.Johnson@ams.usda.gov 608.422.8605 Israel Weber - 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
Dry Buttermilk - Central and East