MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  April 23, 2015 (REPORT 16)                         

NONFAT DRY MILK - WEST                                           

A weak market sparked downward movement on the top of both the range and 
mostly Western low/medium heat nonfat dry milk price series. Buyers are 
hesitant to take action beyond filling very near-term needs. Production of 
low/medium NDM is ongoing. For those manufacturers able to choose between 
NDM and cheese production, some additional milk volumes are flowing toward 
cheese production to fill current strong demand. Low/medium heat NDM 
stocks on hand are generally building. Manufacturers are making some 
f.o.b. spot sales to temper holdings. Prices for high heat NDM in the west 
are lower. Light interest and seasonally higher milk intakes have many 
producers allocating minimal times toward high heat NDM production for the 
near term. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:     .8725 - 1.0400   MOSTLY:   .9200 - .9900     
HIGH HEAT:          1.0350 - 1.2000                              


1100CT Janet.Linder@ams.usda.gov (608)557-7003
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/portal/da