MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. August 10, 2017 (REPORT 32) DRY BUTTERMILK - WEST Western dry buttermilk f.o.b. spot prices are unchanged from the previous week. Demand for condensed buttermilk remains strong from ice cream and frozen dessert manufacturers. Thus, some dry buttermilk processors continue moving condensed buttermilk volumes into Class II instead drying. Slowdowns in dry buttermilk production have tightened inventories across the Western region. Nevertheless, at this point, the market undertone is balanced. The July 2017 Dairy Market News monthly average for the West dry buttermilk mostly series is $0.9115 compared to $0.7720 a year ago. The NASS Dairy Products report noted U.S. dry buttermilk production during June 2017 totaled 8.0 million pounds, down 0.9 percent from a year ago, and 14.1 percent below the previous month. Total U.S. dry buttermilk month ending stocks for June were 16.2 million pounds, 24.5 percent lower than last year. F.O.B. WEST: .8200 - .9600 MOSTLY: .9100 - .9200 1100CT AJ Teran 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