MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  April 30, 2015 (REPORT 17)                         

NONFAT DRY MILK - WEST                                           

The Western low/medium heat nonfat dry milk market is steady. There 
was some repeat interest by a few end users to purchase f.o.b. spot 
nonfat dry milk loads.  A handful of international sales were 
finalized to regular trading partners. Buyers' and sellers' market 
viewpoints differ. Sellers, in some cases, anticipate a near-term 
firming in the market. Buyers tend to expect sideways price movement, 
ticking off reasons ranging from weakness in global markets and 
currencies to ample domestic milk supplies. Production of low/medium 
heat NDM is very active throughout the west. Inventories vary from 
comfortable to heavier than needed/wanted. High heat nonfat dry milk 
prices are unchanged to lower, following changes on pricing indices. A 
few manufacturers indicate they are scheduling high heat NDM 
production on an as needed basis to fill near-term needs. Inventories 
are generally light. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:     .8725 - 1.0400   MOSTLY:   .9200 - .9900     
HIGH HEAT:          1.0200 - 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