MD_DA340                                                    
DA                                                          
MD DA340 Dry Buttermilk  - West                             

MADISON, WI.  May 25, 2017 (REPORT 21)                      

DRY BUTTERMILK - WEST

F.O.B. spot prices for Western dry buttermilk are steady on the 
range, but increased slightly on the top of the mostly series. 
Ice cream makers continue to pull more condensed buttermilk in 
preparation for the summer. Processors are still focusing their 
production schedules on drying more condensed skim in lieu of 
condensed buttermilk. As the result, dry buttermilk production 
is slightly lower, but sufficient to meet contracting needs. In 
addition, most supplies are committed; therefore, less dry 
buttermilk is available in the spot market. The market undertone 
is stable and continues to shadow nonfat dry milk. Industry 
contacts report that more buttermilk is being used in animal 
feed manufacturing as nonfat dry milk is too expensive. At the 
GDT Event 188 on May 16, buttermilk powder prices across all 
contract periods averaged $.8981 per pound, up 7.0% from the 
last event.
                     
F.O.B. WEST: .8000 - .9100   MOSTLY:  .8100 - .8700

1100CT Florence.KoneGonzalez@ams.usda.gov 608.422.8594
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