MD_DA340

     Buttermilk - Western U.S.

     Report 40 - Released on October 01, 2020

     Western free on board spot prices for dry buttermilk are higher on the range, but mixed on
     the mostly series. According to some contacts, the current NDM bullish pricing trend is
     helping on boosting dry buttermilk cash prices higher. Dry buttermilk requests are generally
     improving. For example, albeit the interest for dry buttermilk from ice cream makers is
     slowly waning, inquiries from bakers are on the raise ahead of fall and year end baking
     season needs. Currently, the dry buttermilk market undertone is stable. Drying schedules for
     condensed buttermilk are irregular, highly driven by Q4 contractual needs. Nevertheless, dry
     buttermilk inventories are in balance with most spot and contractual needs.
     Prices for: Western U.S., All First Sales, F.O.B., Conventional, and Edible Buttermilk
     Price Range ; $/LB:                                    .9000 - 1.0300
     Mostly Range - ; $/LB:                                 .9300 - .9800


     Information for the period September 28 -  October 2, 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