MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. October 29, 2015 (REPORT 43) DRY BUTTERMILK - WEST Dry buttermilk prices are mostly steady. Some industry participant anticipate lower prices in the short term. The current market tone is mixed. However, the interest from baking sector is good as the Thanksgiving and Christmas holidays are close. Drying schedules are steady as butter churning is active throughout the region. Inventories are steady to building. F.O.B. WEST: .8700 - .9550 MOSTLY: .8900 - .9400 Dairy Market News Reporting Changes Proposal Dairy Market News (DMN) is proposing updating the Dairy Market News Working Guidelines. This proposal is the result of an industry comment period. The updates would allow DMN market reports to additionally include information and sales prices reported by individuals and firms functioning as marketing agents selling on the behalf of dairy product manufacturers. The Working Guidelines updates are intended to capture more information on pricing and market conditions and reflect the evolution of the marketing of dairy products. Currently, market pricing information is collected for first sale, f.o.b. producers' plants or warehouses. The changes would be effective starting with Report 1, January 2016. Comment by October 30, 2015 to: DMN@ams.usda.gov Link to current DMN working guidelines: http://www.ams.usda.gov/market-news/individual-dairy-market-news- commodity-reports 1100CT Angel.Teran@ams.usda.gov (608) 557-7011 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: http://www.ams.usda.gov/market- news/dairy Dairy Market News database portal: www.marketnews.usda.gov/portal/da