MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  January 28, 2016 (REPORT 4)                        

NONFAT DRY MILK - WEST                                           

Prices for low/medium heat nonfat dry milk (NDM) are mixed. The 
market undertone continues to be unsettled. According to some 
brokers, their NDM holdings are above immediate needs. In addition, 
some resellers are receiving unsolicited offers at discount prices. 
On the other hand, some industry participants feel optimistic about 
NDM futures, anticipating higher prices in the near future. Trade 
activity in the spot market has been moderate throughout the week. 
NDM demand from dry mix manufacturers is active. Drying schedules are 
active as condensed skim volumes continue clearing into balancing 
plants. Inventories are mixed. Prices for high heat nonfat dry milk 
are mixed. The market undertone continues to be unsettled. Sales in 
the spot market are sporadic. Production has been driven by 
contractual needs. Inventories are unchanged.

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .6500 -  .8300   MOSTLY:   .7000 - .7700      
HIGH HEAT:          .8250 - 1.1000                               



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