MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI. July 9, 2015 (REPORT 27)                           

NONFAT DRY MILK - WEST   

Prices on the Western range for low/medium nonfat dry milk are lower 
this week. The market tone is unbalanced and weak. The sale activity 
is trending steady to lower. Production for low/medium NDM is flat. 
Some sellers are trying to clear up inventories with reductions in 
prices. Inventories are steady for this week. Exports of nonfat dry 
products are intermittent. Mexico remains the largest NDM importer. 
Prices for high heat nonfat dry milk are unchanged. Production is 
steady to lower. Sales in the f.o.b. spot market are mixed and depend 
in contractual needs. The June 2015 Dairy Market News monthly average 
for the West low/medium heat nonfat dry milk mostly series is $0.9361 
compared to $1.8333 a year ago. The average for Western high heat 
nonfat dry milk is $1.0489 compared to $1.9395 a year ago. DAIRY 
PRODUCTS:  According to NASS, U.S. production of human food nonfat 
dry milk during May 2015 totaled 178.2 million pounds, 9.9% higher 
than a year ago but 2.0% less than the previous month. The West 
region's production totaled 115.5 million pounds, 11.7% more than a 
year ago, but 3.9% less than the previous month. 


F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:     .7700 - .9500   MOSTLY:   .8800 - .9350      
HIGH HEAT:          1.0000 - 1.0950                              



1100CT Angel.Teran@ams.usda.gov (608) 557-7011
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