MD_DA640 DA MD DA640 Nonfat Dry Milk - West MADISON, WI. May 05, 2016 (REPORT 18) NONFAT DRY MILK - WEST Prices for low/medium heat nonfat dry milk (NDM) are slightly lower. The market undertone is unsettled at the present. Trading outside contracts has been light throughout the week. Usage of low/medium heat NDM for cheese fortification is active, but is slow from the bakery sector. A few processors are performing repair/maintenance projects on their dryers. However, NDM production has been only marginally affected. In fact, NDM processing is very active in the West. Manufacturers' stocks are steady to building. Supplies are readily available in the f.o.b. spot market. Prices for high heat nonfat dry milk are unchanged on light trading. Drying schedules are sporadic in many manufacturing plants, as processing is mostly driven by contractual needs. Inventories are steady. The CME Group monthly average price for Grade A NDM during April was $0.7306, compared to $0.9415 a year ago. The April 2016 Dairy Market News monthly average for the West low/medium heat nonfat dry milk mostly series is $0.7357 compared to $0.9660 a year ago. The average for Western high heat nonfat dry milk is $0.9340 compared to $1.1334 a year ago. F.O.B. WEST: Includes EXTRA GRADE and GRADE A LOW/MEDIUM HEAT: .6925 - .7850 MOSTLY: .7375 - .7700 HIGH HEAT: .8200 - .9500 U.S. NDM Exports, H.S. Code 0402100000(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago March Total 90.8 - 25 TOTAL, JAN - MAR 276.5 -- 1 Mexico 126.9 - 4 2 Philippines 43.8 + 28 3 Indonesia 15.3 - 10 4 Colombia 11.7 + 268 5 Peru 10.9 + 10 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