MD_DA340

     Buttermilk - Western U.S.

     Report 38 - Released on September 19, 2019

     Western free on board cash prices for dry buttermilk are mixed as a few spot sales pulled up
     the bottom price of the range and mostly series, mainly prompted NDM bullish pricing trends.
     Compared to the previous week, the regional market undertone is firmer as the current supply
     is below its general demand. The bulk of condensed buttermilk volumes continue moving into
     Class II, limiting drying time. In this way, outside of contract coverage, dry buttermilk
     inventories are tight. Demands from dry mix manufacturers and bakers are fair/good and
     expected to inch up soon as the fall/winter season approaches.
     Prices for: Western U.S., All First Sales, F.O.B., Conventional, and Edible Buttermilk
     Price Range ; $/LB:                                    1.0200 - 1.0900
     Mostly Range - ; $/LB:                                 1.0400 - 1.0600


     Information for the period September 16 - 20, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ANGEL TERAN-RAMOS, 6084228593
     Email: angel.teran@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov