MD_DA340                                                    
DA                                                          
MD DA340 Dry Buttermilk  - West                             

MADISON, WI.  September 7, 2017 (REPORT 36)                   

DRY BUTTERMILK - WEST  

Western dry buttermilk prices are steady on the range and the 
mostly price series. The market undertone is stable. Some 
contacts report that more cream went into butter churning this 
week due to plants being closed for the holiday. As the result, 
condensed buttermilk production increased. However, due to 
limited dryer capacity, more condensed buttermilk are sold to 
ice cream processors and less is being dried. Dry buttermilk 
demand is steady, and sales are predominantly contractual. 
Inventories are tied and some buyers/end-users can't find the 
volume they need in the spot market. The August 2017 Dairy 
Market News monthly average for the West dry buttermilk mostly 
series is $0.9167 compared to $0.8404 a year ago. The NASS Dairy 
Products report noted U.S. dry buttermilk production during July 
2017 totaled 7.9 million pounds, 8.3 percent higher than a year 
ago, but 1.9 percent below the previous month. Total U.S. dry 
buttermilk month ending stocks for July were 15.8 million 
pounds, 15.0 percent below last year. At the GDT Event 195 on 
September 5, 2017, buttermilk powder prices across all contract 
periods averaged $.9190 per pound, down 10.1% from the last 
event.

F.O.B. WEST: .8300 - .9600   MOSTLY:  .9100 - .9400  
                                                            
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