MD_DA340                                                    
DA                                                          
MD DA340 Dry Buttermilk - West                             

MADISON, WI.  June 29, 2017 (REPORT 26)                     

DRY BUTTERMILK - WEST                                       

In the West, f.o.b spot prices for dry buttermilk are mixed on 
the range, but steady on the mostly price series. The market 
undertone is mixed. According to some industry contacts, dry 
buttermilk prices dropped slightly at the bottom of the pricing 
range, shadowing the NDM downward pricing trend, driven by 
nonfat solids values. On the other end, buyers/end-users note 
supplies are short in some areas. According to them, most 
balancing plant managers are focusing on converting skim milk 
into NDM/SMP. Therefore, sales in the spot market have been 
light throughout the week. Inventories are relatively tight, and 
continue to be committed to contractual needs. 

F.O.B. WEST: .8200 - .9400   MOSTLY:  .8800 - .9200      

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