MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  December 30, 2015 (REPORT 52)                      

NONFAT DRY MILK - WEST                                           

Low/medium heat nonfat dry milk (NDM) prices are lower. 
Condensed milk volumes into NDM plants are higher. As a result, 
production is active throughout the region. Inventories are 
steady to building. The market undertone remains weak. Interest 
from buyers is light and price driven. The resale market has 
been quiet. Some buyers/end users are finalizing contracts for 
2016. Prices for high heat nonfat dry milk are unchanged on a 
weak market. Production is steady. Most sales are based on 
contractual needs. Demand from bakers is waning.

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .6875 -  .8600   MOSTLY:   .7325 - .7650      
HIGH HEAT:          .8400 - 1.1000                               

1430CT 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