MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. November 10, 2016 (REPORT 45) DRY BUTTERMILK - WEST Western dry buttermilk f.o.b. spot prices are mixed on the range and mostly series. For most industry participants, the market undertone remains firm. Orders from dry mix processors and the bakery sector are strong ahead of the year-end holiday needs. Spot trading has been moderate throughout the week. Class II processors are requesting more condensed buttermilk volumes. Therefore, dry buttermilk production is irregular. Inventories are slightly tight in many plants. The October 2016 Dairy Market News monthly average for the West dry buttermilk mostly series is $0.8570 compared to $0.8898 a year ago. The NASS Dairy Products report noted U.S. dry buttermilk production during September 2016 totaled 7.2 million pounds, 3.9 percent higher than a year ago. Total U.S. dry buttermilk month-ending stocks for September were 17.0 million pounds, 72.6 percent above last year. F.O.B. WEST: .8300 - .9700 MOSTLY: .8550 - .8900 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: http://www. marketnews.usda.gov/mnp/da-home