MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI. October 15, 2015 (REPORT 41)                           

NONFAT DRY MILK - WEST   

Spot prices for low/medium heat nonfat dry milk are mixed. 
Manufacturing milk volumes into NDM are higher throughout the 
region. Drying schedules are very active. At this point, 
inventories are steady to building. The f.o.b. spot market 
activity is a little lower. Some buyers are holding off their 
purchases, expecting a fall in prices. On the other hand, some 
industry participants anticipate that prices will be steady to 
higher during Q4. The market tone is mostly steady. Spot prices 
for high heat nonfat dry milk are higher. Some processors note 
an increase in spot sales. However, most of the sales are based 
on contracts. The market tone is firmer. Production is slightly 
higher. Inventories are mixed. 


F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .8850 - 1.1000   MOSTLY:   .9250 - .9950     
HIGH HEAT:          .9350 - 1.1800                               


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