MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. October 12, 2017 (REPORT 41) DRY BUTTERMILK - WEST F.O.B prices for western dry buttermilk are steady on both the range and the mostly price series. The market undertone is balanced. Sales are active for contractual demands. According to some contacts, dry buttermilk demand will increase in the coming weeks. Dry buttermilk interest from the bakery industry is increasing in view of the upcoming baking season. Stocks are available to meet buyers/end-users needs. Dry buttermilk production is more active as condensed buttermilk supplies become more available for drying due to less intakes from ice cream manufacturers. The NASS Dairy Products report noted U.S. dry buttermilk production during August 2017 totaled 7.5 million pounds, 10.9 percent higher than a year ago, but 5.0 percent below the previous month. Total U.S. dry buttermilk month ending stocks for August were 14.0 million pounds, 13.4 percent below last year. F.O.B. WEST: .8300 - .9500 MOSTLY: .8900 - .9000 1100CT Florence.Kone-Gonzalez@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