MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  May 14, 2015 (REPORT 19)                           

NONFAT DRY MILK - WEST                                           

Western low/medium heat nonfat dry milk prices are mixed on an unsettled 
market. Some prices moved higher, based on the trend of various indices. 
However, a few manufacturers took the opportunity to lighten stocks on 
hand, using price as a sales motivation tool. Sales activity increased 
into some markets, especially into Mexico. Low/medium heat nonfat dry 
milk production is active, but at lower volumes at some locations as 
manufacturing milk supplies decline seasonally. Inventories are mixed. 
There is some concern about meeting contract commitments for the end of 
Q3 as manufacturing milk supplies trend lower. A few producers indicate 
the age of stocks is uneven as some Q1 production lingers in warehouses. 
High heat nonfat dry milk prices are unchanged to lower on light 
activity. End users are able to get the volumes they need on a regular 
basis. Production is scheduled intermittently as manufacturers juggle 
long dryer runs of various powders around dryer washing schedules. 
Inventories are steady. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:     .9000 - 1.0100   MOSTLY:   .9250 - .9850     
HIGH HEAT:          1.0200 - 1.1900      

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