MD_DA340 DA MD DA340 Dry Buttermilk - West MADISON, WI. July 09, 2009 (REPORT 27) DRY BUTTERMILK - WEST Western dry buttermilk prices are slightly higher in light trading. The market undertone is mostly steady. Buying interest is light and often centered on contracts. As prices increase past NDM, demand is declining. Drying schedules are trending steady to slightly higher as dryer times become available where milk is declining and nonfat dry milk throughput is lighter. Buttermilk powder production in May 2009 for the U.S. totals 5.5 million pounds, down 18.7% from last year. Buttermilk stocks at the end of May are 5.3 million pounds, -45.4% from last year but 34.0% higher than last month. F.O.B. WEST: .8600 - .9200 MOSTLY: .8800 - .9100 1100CT Butch.Speth@ams.usda.gov 608.250.3202