MD_DA340                                                    
DA                                                          
MD DA340 Dry Buttermilk  - West                             

MADISON, WI.  August 3, 2017 (REPORT 31)                     

DRY BUTTERMILK - WEST  

F.O.B spot prices for Western dry buttermilk are holding steady 
on the top of the range and the mostly price series. According 
to industry contacts, the market undertone is quiet. More 
condensed buttermilk is available in the market due to active 
butter production. However, ice cream manufacturers continue to 
take on more loads, reducing the volume of condensed buttermilk 
available to dry. Dry buttermilk production is mixed. Some 
manufacturers report stable output while others report lower to 
nonexistent processing of dry buttermilk. Inventories are 
unchanged from last week. Trading is generally steady with most 
transactions moving through contracts. Spot sales are light. At 
the GDT Event 193 on August 1, 2017, buttermilk powder prices 
across all contract periods averaged $.9970 per pound, up 0.4 
percent from the last event.
                                                                                   
F.O.B. WEST: .8200 - .9600   MOSTLY:  .9100 - .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