MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. April 20, 2017 (REPORT 16) DRY BUTTERMILK - WEST In the west, f.o.b. spot prices for dry buttermilk shifted down on both the range and mostly series. Trading activity outside contracts is slow. For most industry participants, the market undertone is steady to weaker. In order to reduce stock levels, some processors are offering/selling multiple loads at discount values, priced around the bottom of the range. Western dry buttermilk demand is fair to weak. However, processors are anticipating a rise in demand in the short term as the ice cream/frozen dessert season approaches. Dry buttermilk production is active as heavy cream volumes continue clearing into butter churning. Therefore, inventories are steady to building. At the GDT Event 186 on April 18, buttermilk powder prices across all contract periods averaged $.7802 per pound. F.O.B. WEST: .7500 - .9000 MOSTLY: .8000 - .8500 1100CT AJ Ter n 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