MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  January 29, 2015 (REPORT 4)                        

NONFAT DRY MILK - WEST                                           

Western low/medium heat nonfat prices are mixed on the range, 
unchanged to higher. CME Group prices gained some ground this 
week, and some manufacturers are completing contract sales with 
higher prices. However, prices on the mostly are unchanged to 
lower as more sales finalized at comparatively lower prices. 
Market participants indicate that while buyer interest is price-
driven, manufacturers are currently willing to bargain only on 
multi-load/block transactions. Interested parties looking for 
one or two loads find usual pricing bases apply. Low/medium heat 
nonfat dry milk production is active throughout the Western 
region. Handlers are transporting milk loads throughout the 
region to accommodate a simultaneous drop in bottling orders in 
some areas and a steady increase in farm milk intakes. High heat 
nonfat dry milk prices are lower across the range. Market 
participants indicate high heat is somewhat tight in the region, 
but buyer interest is not enough to pump prices this week. 
Production of high heat NDM is generally light as manufacturers 
report low/medium heat NDM production is claiming most of the 
dryer time. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .9000 - 1.1150   MOSTLY:   .9200 - .9900     
HIGH HEAT:          .9850 - 1.1225                               


1100CT Janet.Linder@ams.usda.gov 608.278.4152
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: 
www.marketnews.usda.gov/mnp/da-home