MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  April 02, 2015 (REPORT 13)                         

NONFAT DRY MILK - WEST                                           

Nonfat milk prices, low/medium heat, trended lower across both price series. 
The market tone is weak, facing challenges in clearing internationally due to 
a competitive market and domestically, where buyers are content to dip into 
the spot market as needed. Some manufacturers reported receiving bids for 
multiple loads of NDM, but the price bid was below that currently asked by 
those manufacturers. Production of low/medium heat NDM shifted higher at some 
plants where completed maintenance and/or repair projects brought dryers back 
on line. Inventories are generally building. High heat nonfat dry milk prices 
are lower and higher on light to moderate trading. Some additional interest 
is emerging from bakery accounts. Production is occasional and geared to 
filling contract commitments. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:     .9025 - 1.1100   MOSTLY:   .9450 - 1.0350    
HIGH HEAT:          1.0750 - 1.2500                              



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