MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. July 07, 2016 (REPORT 27) DRY BUTTERMILK - WEST Prices for western dry buttermilk are higher on the range and mostly series. Higher NDM pricing is pulling up dry buttermilk prices. In addition, the value of butterfat is improving. Dry buttermilk processing is trending lower as most condensed buttermilk volumes are moving into ice cream production. Consequently, inventories are getting tight. The market undertone is firming. Demands from bakers and dry mix processors are steadily improving. The June 2016 Dairy Market News monthly average for the West dry buttermilk mostly series is $0.7023 compared to $0.8175 a year ago. The NASS Dairy Products report noted U.S. dry buttermilk production during May 2016 totaled 8.8 million pounds, 0.5 percent higher than a year ago. Total U.S. dry buttermilk month- ending stocks for May were 24.1 million pounds, 1.7 percent above last year. F.O.B. WEST: .6900 - .8000 MOSTLY: .7000 - .7800 1100CT Angel.Teran@ams.usda.gov 608.557.7011 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