MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI. July 30, 2015 (REPORT 30)                           

NONFAT DRY MILK - WEST   
The prices for low/medium heat nonfat dry milk are lower in the 
range and the mostly price series. The spot market undertone 
remains weak. At this time, some manufacturers are reducing 
production. Therefore, the milk loads into NDM are trending 
lower. Many end users are buying what they really need and are 
waiting for lower prices. Sales based on contracts are steady 
but, in the spot market are lighter. However, there is a higher 
export activity. The inventories vary, but mostly are building. 
At the CME Group, Grade A nonfat dry milk closed Wednesday at 
$.7225, down $0.0175 compared to a week ago. The prices for high 
heat nonfat dry milk are lower. Production is very limited 
outside the contracts. According to some producers, high heat 
NDM sales in the spot market are less than the previous week. 
However, mostly of the sales depends on contractual needs.
F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .6200 - .8700   MOSTLY:   .6800 - .7750      
HIGH HEAT:          .8825 - .9800                                


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