MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. March 16, 2017 (REPORT 11) DRY BUTTERMILK - WEST Western f.o.b. spot prices for dry buttermilk are mixed on the range. However, pricing is lower on the mostly series as both butterfat and nonfat solids trend lower. In addition, dry buttermilk supplies are more available in the spot market. The current NDM prices are putting pressure on dry buttermilk values. The top price of the range is reflecting some trades based on specific brands while the bottom is reflecting moderate load sales from 2016 production. Demands from bakers and ice cream makers are fair to good. Dry buttermilk output is slightly increasing in line with regional butter churning rates. Inventories are more in balance, compared to a few weeks ago. F.O.B. WEST: .8200 - 1.0500 MOSTLY: .8800 - 1.0000 1100CT Angel.Teran@ams.usda.gov 608.422.8593 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