MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI. July 16, 2015 (REPORT 28)                           

NONFAT DRY MILK - WEST   

Prices for low/medium heat nonfat dry milk are lower this week 
in the range and the mostly price series. The low/medium heat 
nonfat dry market tone is weak. The demand for NDM is light 
outside of contracts. Buyers are fishing for discount prices to 
make any purchase. The production activity is steady to lower. 
The inventories are steady to building. At the CME Group, Grade 
A nonfat dry milk closed Wednesday at $.7450 with 17 sales. This 
represents a decrease of $0.075 compared to a week ago. Prices 
for high heat nonfat dry milk are lower. The sales are sporadic 
this week. Production is steady to lower. In some cases, 
production activity is determined by manufacturers' contracts 
and buyers' requests. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:     .6900 -  .9350   MOSTLY:   .8000 - .8800      
HIGH HEAT:          1.0000 - 1.0300                              



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