MD_DA340                                                    
DA                                                          
MD DA340 Dry Buttermilk - West                             

MADISON, WI.  June 8, 2017 (REPORT 23)
 
DRY BUTTERMILK - WEST

F.o.b prices for Western dry buttermilk are steady on both ends 
of the price range. The market undertone is stable. Sales are 
unchanged for contracted volumes. Spot trade activities are 
moderate to mild due to buttermilk moving mainly through 
contracts. Some contacts report an increased demand for organic 
buttermilk. Inventories are steady and tight as less dry 
buttermilk is being produced in the market. The May 2017 Dairy 
Market News monthly average for the West dry buttermilk mostly 
series is $0.8352 compared to $0.7136 a year ago. The NASS Dairy 
Products report noted U.S. dry buttermilk production during 
April 2017 totaled 8.6 million pounds, 10.1 percent lower than a 
year ago, and 11.8 percentage lower from the previous month. 
Total U.S. dry buttermilk month ending stocks for April were 
26.9 million pounds, 9.2 percent above last year. At the GDT 
Event 189 on June 6, buttermilk powder prices across all 
contract periods averaged $.9489 per pound, up 5.8% from the 
last event.

F.O.B. WEST: .8100 - .9100   MOSTLY:  .8500 - .9000         

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