MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West**UPDATED 
                                  

MADISON, WI.  March 12, 2015 (REPORT 10)                         

NONFAT DRY MILK - WEST                                           

Western low/medium heat nonfat dry milk prices are mixed on an 
unsettled market. Various market indices provided conflicting price 
movement last week, and buyers were hesitant to enter the market early 
this week. Throughout the week, though, reported prices edged lower. 
Multiple load purchases generally garnered lower prices than single 
load purchases. Most buyers are reluctant to get too far ahead of 
foreseeable near term demand. Production of low/medium heat nonfat dry 
milk is stepping higher in many Western states as milk production 
increases seasonally. Inventories are building. Western high heat 
nonfat dry milk prices firmed on limited market activity. Inventories 
are light and production is intermittent, as required by contract 
fulfillment. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:     .9700 - 1.1800   MOSTLY:   1.0300 - 1.1000   
HIGH HEAT:          1.1450 - 1.2400                              

U.S. NDM Exports, H.S. Code 0402100000(FAS)
                 **2015 Exports      % Change From 
                 (Million Lb.)       1 Year Ago


January Total       77.0           - 10


Year to Date Total   77.0            - 10

 1 Mexico            41.4            + 40
 2 Philippines        9.3            - 40
 3 Peru               4.5            + 523
 4 Malaysia           4.3            - 37
 5 Indonesia          3.7            - 57


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