MD_DA640 DA MD DA640 Nonfat Dry Milk - West MADISON, WI. November 05, 2015 (REPORT 44) NONFAT DRY MILK - WEST Low/medium heat nonfat dry milk prices are lower. The lower prices are boosting sales in the spot market. However, some buyers are quiet, anticipating lower prices in the short term. Some industry participants are in contracts negotiations for Q1, 2016. The market undertone remains unsettled. Low/medium heat production is steady to lower. Inventories are unchanged to building. High heat nonfat dry milk prices are lower in an unsettled market. Some manufacturers indicate good spot sales during the week. Drying schedules are more active ahead the baking season. Inventories are unchanged to higher. The October 2015 Dairy Market News monthly average for the West low/medium heat nonfat dry milk mostly series is $0.9326 compared to $1.3886 a year ago. The average for Western high heat nonfat dry milk is $1.0456 compared to $1.5398 a year ago. DAIRY PRODUCTS: According to NASS, U.S. production of human food nonfat dry milk during September 2015 totaled 120.5 million pounds, 7.3% higher than a year ago but 3.0% lower than the previous month. The West region's production totaled 82.2 million pounds, 3.8% higher than a year ago, and 3.7% more than the previous month. F.O.B. WEST: Includes EXTRA GRADE and GRADE A LOW/MEDIUM HEAT: .7450 - .9900 MOSTLY: .8000 - .9000 HIGH HEAT: .9350 - 1.1600 U.S. NDM Exports, H.S. Code 0402100000(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago September Total 104.7 + 47 TOTAL, JAN - SEPTEMBER 928.4 - 2 1 Mexico 393.8 + 19 2 Philippines 114.6 - 9 3 Indonesia 70.8 - 6 4 China 54.8 - 41 5 Vietnam 54.4 - 23 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