MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  February 25, 2016 (REPORT 8)                       

NONFAT DRY MILK - WEST                                           


Low/medium nonfat dry milk (NDM) prices are mixed. Sales in the 
domestic f.o.b. spot market are steady. However, exports to Mexico 
has been very active throughout the week. Some industry participants 
anticipate a growth in demand as the spring holiday baking season 
approaches. At this point the market undertone is unsettled. 
Production of low/medium heat NDM is slightly lower as moderate 
condensed skim volumes are moving into ice cream manufacturing 
plants. Inventories are steady to slightly lower. High heat nonfat 
dry milk prices are mixed. Demand from the bakery sector is light. 
Production is sporadic, mostly based on contractual needs. 
Inventories are steady.
 
F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .6900 - .8100   MOSTLY:   .7025 - .7600      
HIGH HEAT:          .8400 - 1.0975                               


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