MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. February 09, 2017 (REPORT 6) DRY BUTTERMILK - WEST F.O.B. dry buttermilk spot prices in the West are mixed on a narrower range. However, prices held unchanged on the mostly series. Spot trading has been very light throughout the week. Interest from bakers is active, but supply is below the current demand. Most balancing plant operators are placing emphasis on clearing condensed skim into dryers. Consequently, drying schedules for condensed buttermilk have been curtailed. As a result, there are lower inventories of dry buttermilk in the spot market. The January 2017 Dairy Market News monthly average for the West dry buttermilk mostly series is $0.9913 compared to $0.8300 a year ago. The NASS Dairy Products report noted U.S. dry buttermilk production during December 2016 totaled 11 million pounds, 4.5 percent lower than a year ago. Total U.S. dry buttermilk month-ending stocks for December were 23.3 million pounds, 36.3 percent above last year. F.O.B. WEST: .9500 - 1.0900 MOSTLY: .9800 - 1.0200 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