MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI. October 22, 2015 (REPORT 42)                           

NONFAT DRY MILK - WEST   

Low/medium heat nonfat dry milk f.o.b. spot prices are lower. 
With this drop in prices, sales are still active in the Western 
spot market. Some processors indicate good demand from cheese 
makers and hot chocolate mix manufacturers. At this point, the 
market tone is mixed. Condensed skim milk availability for NDM 
is lower. Thus, drying schedules has been slow down throughout 
the region. Inventories are steady to lower. High heat nonfat 
dry milk prices are higher to steady. Spot sales are irregular. 
Supplies from some manufacturers are committed through the end 
of the year. Some industry participants are starting to 
negotiate contracts for Q1 2016. Inventories are mostly steady. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .8000 - 1.0600   MOSTLY:   .9000 - .9700     
HIGH HEAT:          .9500 - 1.1800                               
Dairy Market News Reporting Changes Proposal
Dairy Market News (DMN) is proposing updating the Dairy Market 
News Working Guidelines. This proposal is the result of an 
industry comment period. The updates would allow DMN market 
reports to additionally include information and sales prices 
reported by individuals and firms functioning as marketing 
agents selling on the behalf of dairy product manufacturers. The 
Working Guidelines updates are intended to capture more 
information on pricing and market conditions and reflect the 
evolution of the marketing of dairy products. Currently, market 
pricing information is collected for first sale, f.o.b. 
producers' plants or warehouses. The changes would be effective 
starting with Report 1, January 2016.
Comment by October 30, 2015 to: DMN@ams.usda.gov
Link to current DMN working guidelines:
http://www.ams.usda.gov/market-news/individual-dairy-market-news-
commodity-reports
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