MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  February 26, 2015 (REPORT 8)                       

NONFAT DRY MILK - WEST                                           

Prices on the Western low/medium heat nonfat dry milk range and mostly 
series narrowed the respective gap on each series. The market is 
unsettled. The recent volatility in prices has taken a wrecking ball to 
positional purchasing, according to some market participants. Most of the 
current trading represents satisfaction of back-to-back sales. 
International buyers, particularly from Mexico, also seem to be less 
interested in engaging in procurement talks as milk production in that 
country steps seasonally higher. Some resellers are expanding storage 
services to customers to help nurture relationships during this trying 
market. Production of low/medium heat nonfat dry milk is active throughout 
the Western region as available manufacturing milk volumes step seasonally 
higher. Some milk loads are clearing to dryers in other states, just to 
find processing time. High heat nonfat dry milk prices are higher on both 
ends of the range. Demand is moderate.  Those buyers requiring high heat 
NDM from a specific plant report high heat prices are firming and specific 
branding will cost more. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    1.0250 - 1.1700   MOSTLY:   1.0700 - 1.1300  
HIGH HEAT:          1.1000 - 1.2575                              


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