Dry Buttermilk - West
USDA - Thu Nov 09, 10:57AM CST
MD_DA340                                                    
DA                                                          
MD DA340 Dry Buttermilk  - West                             

MADISON, WI.  November 9, 2017 (REPORT 45)                 

DRY BUTTERMILK - WEST  

In the West, f.o.b. prices for dry buttermilk are steady on the 
range and the mostly price series. Production is stable compared 
to last week. Dry buttermilk availability is limited in some 
areas, but abundant in others. Some sellers are struggling to 
obtain the loads of dry buttermilk needed for their customers. 
Buyers are hedging on prices, by buying as needed. Sales remain 
mostly contractual. The October 2017 Dairy Market News monthly 
average for the West dry buttermilk mostly series is $0.8702 
compared to $0.8570 a year ago. The NASS Dairy Products report 
noted U.S. dry buttermilk production during September 2017 
totaled 8.2 million pounds, 2.5 percent higher than a year ago, 
and 9.5 percent higher than the previous month. Total U.S. dry 
buttermilk month ending stocks for September were 16.6 million 
pounds, 5.9 percent below last year. At the GDT Event 199 on 
November 7, 2017, buttermilk powder prices across all contract 
periods averaged $.8759 per pound, up 7.2 percent from the last 
event.  

F.O.B. WEST: .7400 - .8500   MOSTLY:  .8000 - .8200                                                                                                                                                      
                                                      
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