MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. August 04, 2016 (REPORT 31) DRY BUTTERMILK - WEST F.O.B. spot prices for dry buttermilk in the West are steady to higher on the range and mostly series. The market undertone is firm as demand is above current supply. Interest from the bakery and confectionery sectors is good. Western butter manufacturing is ongoing, but at a lower rate than Q1 and Q2 production levels. Consequently, condensed buttermilk supplies are less available to dry. In addition, significant condensed buttermilk volumes are moving into ice cream manufacturing. As a result, dry buttermilk production less active. Inventories are tight. The July 2016 Dairy Market News monthly average for the West dry buttermilk mostly series is $0.7720 compared to $0.7914 a year ago. F.O.B. WEST: .7600 - .8600 MOSTLY: .7800 - .8500 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