MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. October 06, 2016 (REPORT 40) DRY BUTTERMILK - WEST Spot prices for western dry buttermilk are steady to lower on light to moderate trading. According to industry contacts, the market undertone is unsettled. Interest from bakers is active as the fall baking season approaches. However, demand from ice cream makers is seasonally waning. Condensed buttermilk supplies are more available for drying. Production is ongoing, in line with the regional butter churning activity. Dry buttermilk inventories are steady to slightly higher. The September 2016 Dairy Market News monthly average for the West dry buttermilk mostly series is $0.8469 compared to $0.7936 a year ago. The NASS Dairy Products report noted U.S. dry buttermilk production during August 2016 totaled 6.8 million pounds, 4.8 percent higher than a year ago. Total U.S. dry buttermilk month-ending stocks for August were 16.2 million pounds, 34.1 percent above last year. F.O.B. WEST: .8000 - .9100 MOSTLY: .8400 - .8700 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