MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI. August 13, 2015 (REPORT 32)                           

NONFAT DRY MILK - WEST   

Prices for low/medium heat nonfat dry milk are steady to lower 
on the range and lower on the mostly price series. The 
low/medium heat NDM spot market continues weak. According to 
some buyers, their current activity in the market is very quiet. 
Domestic sales and export are lower. Buyers are waiting for 
discount prices. In terms of production, milk volumes into 
manufacturing are noticeable decreasing. Some processors are 
reducing production. Inventories are building. At the CME Group, 
Grade A nonfat dry milk closed Wednesday at $.6900, down $0.0300 
compared to a week ago. Prices for high heat nonfat dry milk are 
mixed. The spot market tone is very irregular. Limited spot 
sales are reported. The majority of the sales are based on 
contracts. Inventories levels vary plant to plant.  
F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .6450 - .7500   MOSTLY:   .6500 - .7350      
HIGH HEAT:          .7350 - .9800                                


1100CT Angel.Teran@ams.usda.gov (608) 557-7011
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-
news/dairy
Dairy Market News database portal: 
www.marketnews.usda.gov/portal/da