MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  April 21, 2016 (REPORT 16)                         

NONFAT DRY MILK - WEST                                           


Prices for low/medium heat nonfat dry milk (NDM) are mixed. Variable 
contract prices are following upward movements of various indices. 
However, f.o.b. spot load prices are steady. At this point the market 
undertone is unsettled. Some buyers/end users are taking a wait and 
see attitude anticipating lower prices in the near future. Low/medium 
heat demand for cheese fortification is active. However, interest 
from the bakery sector is sluggish. Sales activity in the spot market 
is slightly lower this week. Production has been somehow irregular as 
some processors are having maintenance/repair work done on their 
dryers. Inventories continue to be mixed. Prices for high heat nonfat 
dry milk are steady. Sales in the f.o.b. spot market are light as 
most sales are based on contractual needs. Production is sporadic. 
Inventories vary from plant to plant.

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .6800 -  .7850   MOSTLY:   .7150 - .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