MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  April 14, 2016 (REPORT 15)                         

NONFAT DRY MILK - WEST                                           


Low/medium heat nonfat dry milk (NDM) prices are mixed on the range, 
but steady on the mostly series. The market undertone continues to be 
weak. Demand from the bakery sector is steadily waning. Spot sales in 
the f.o.b. market have been slow throughout the week. Many buyers/end 
users are putting pressure on the market by holding purchases until 
prices come down enough. Production is active as moderate to heavy 
condensed skim volumes continue clearing into dryers. As a result, 
inventories are steady to building. High heat nonfat dry milk prices 
are steady to lower on a light trading. Demand is sluggish. The 
market undertone is still weak. Drying schedules in many processing 
plants are irregular as production is mostly driven by contractual 
needs. Inventories are mixed. 
F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .6425 - .7850   MOSTLY:   .7050 - .7475      
HIGH HEAT:          .8200 - 1.0725                               


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: http://www. 
marketnews.usda.gov/mnp/da-home