MD_DA340 Buttermilk - Western U.S. Report 4 - Released on January 23, 2020 Free on board spot prices for western dry buttermilk are higher this week. The spot activity has been more active as some processors decided to sell some held loads at current prices. Nevertheless, cash prices could change next week as this niche market is very volatile. Most dry buttermilk sales are based on Q1/Q2 contracts. In terms of production, drying schedules for condensed buttermilk are limited as several processors are focusing on converting condensed skim intakes into NDM/SMP. As a result, dry buttermilk inventories are generally tight, below buyers’ immediate needs. Prices for: Western U.S., All First Sales, F.O.B., Conventional, and Edible Buttermilk Price Range ; $/LB: 1.1000 - 1.1900 Mostly Range - ; $/LB: 1.1300 - 1.1700 Information for the period January 20 - 24, 2020, 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