MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  February 11, 2016 (REPORT 6)                       

NONFAT DRY MILK - WEST                                           


F.O.B. spot prices for low/medium heat nonfat dry milk are mixed on 
the range, but steady on the mostly series. At this point, the market 
undertone is unsettled. Sales in the spot market have been slow 
throughout the week. Demands from buyers/end users are light. 
However, some processors anticipate an increase in sales during the 
spring holiday baking season. Production of low/medium heat NDM is 
higher as heavy condensed skim volumes continue to clear into dryers. 
Inventories are steady to building. High heat nonfat dry milk prices 
are steady to lower in a weaker market. Interest from the bakery 
sector is light. Production is intermittent based on contractual 
needs. Inventories are unchanged.
                                        

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .6750 -  .8200   MOSTLY:   .6950 - .7600      
HIGH HEAT:          .8250 - 1.0950                               




U.S. NDM Exports, H.S. Code 0402100000(FAS)
                 2015 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

December Total     	  101.8          + 35

TOTAL, JAN - DEC      1,234.0           + 3
 1 Mexico           	 556.5           + 24
 2 Philippines      	 142.5           - 9
 3 Indonesia        	  81.8           - 18
 4 Vietnam            	  73.3           - 4
 5 China           	  64.4           - 38



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