MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI. October 8, 2015 (REPORT 40)                           

NONFAT DRY MILK - WEST   

Low/medium heat nonfat dry milk prices are higher on the range 
and the mostly series. Production is steady to higher. 
Inventories are mixed throughout the West. The market undertone 
is stronger. Spot sales to the bakery sector are increasing. 
However, some end users are waiting to buy at this moment 
expecting a decline in prices in the near future. High heat 
nonfat dry prices are higher. The marked undertone is firmer. 
Demand is improving as the Q4 holiday season approaches. Drying 
schedules are active. Inventories are steady. The September 2015 
Dairy Market News monthly average for the West low/medium heat 
nonfat dry milk mostly series is $0.8425 compared to $1.4250 a 
year ago. The average for Western high heat nonfat dry milk is 
$0.9185 compared to $1.6124 a year ago. 
DAIRY PRODUCTS:  According to NASS, U.S. production of human 
food nonfat dry milk during August 2015 totaled 124.4 million 
pounds, 6.7% higher than a year ago but 20.1% lower than the 
previous month. The West region's production totaled 79.2 
million pounds, 2.7% higher than a year ago, but 21.5% lower 
than the previous month.

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .8500 - 1.1200   MOSTLY:   .9200 - 1.0000    
HIGH HEAT:          .9000 - 1.1600      


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