MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. March 23, 2017 (REPORT 12) DRY BUTTERMILK - WEST In the West region, f.o.b. spot prices for dry buttermilk are mixed on the range, but lower on the mostly series. The current NDM values are putting pressure on dry buttermilk prices. The market undertone is steady. Overall, dry buttermilk production is up slightly due to active and stable regional butter production schedules and decreases in condensed buttermilk sales. Trades through contracts remain steady, but spot sales activity is light this week. Inventories are mostly in balance, according to market participants. Demands from bakeries and ice cream processors are fair. F.O.B. WEST: .8200 - 1.0000 MOSTLY: .8500 - .9700 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