MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  December 03, 2015 (REPORT 48)                      

NONFAT DRY MILK - WEST  
Low/medium heat nonfat dry milk (NDM) prices are higher on the 
range but higher to steady on the mostly series. At this point, 
the market undertone is unsettled. Sales in the f.o.b. spot 
market are more active compared to the previous shortened 
holiday week. Some buyers remain quiet, anticipating lower 
prices. Condensed skim volumes moving into NDM plants are steady 
to higher. Some processing plants are doing operational 
maintenance/repair work. Inventories are unchanged.   

High heat nonfat dry milk prices are mixed. Spot sales have been 
slow during this week. Demand from the baking sector is active. 
Drying schedules are mostly determined by contractual needs. 
Inventories vary from plant to plant. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .6825 -  .8650   MOSTLY:   .7300 - .8175      
HIGH HEAT:          .9100 - 1.1300                               

Dairy Market News Reporting Change Notice
Upon the conclusion of the October 2015 industry comment period 
and a review of industry responses, Dairy Market News (DMN) is 
updating the Dairy Market News Working Guidelines, effective 
Report 1, January 2016. The updates will 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. 

Link to current and updated DMN working guidelines:
http://www.ams.usda.gov/market-news/individual-dairy-market-news-
commodity-reports

December 1, 2015
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