MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  March 03, 2016 (REPORT 9)                          

NONFAT DRY MILK - WEST                                           


Prices for low/medium heat nonfat dry milk (NDM) are slightly higher 
on an unsettled market. According to some industry participants, NDM 
supplies are committed to contracts. As a result, there is some 
tightness in the f.o.b. spot market. On the other hand, some 
processors report enough supplies to offer to the spot market. 
Low/medium heat NDM production is less active as moderate volumes of 
condensed skim are moving into ice cream manufacturing plants. At 
this point, inventories are mixed throughout the West. 

Prices for high heat nonfat dry milk are unchanged. Some processors 
anticipate an increase in demand as the holiday baking season 
approaches. Production is irregular, based on contractual needs. 
Inventories are unchanged.
 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .7100 -  .8200   MOSTLY:   .7200 - .7800      
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