MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  July 28, 2016 (REPORT 30)                          

NONFAT DRY MILK - WEST                                           

                           
In the West, f.o.b. spot prices for low/medium heat nonfat dry milk 
(NDM) are slightly lower on the range, but mixed on the mostly 
series. At this point, the market undertone is mostly unsettled. Many 
buyers/end users have been pushing manufacturers to drop prices for 
several weeks. However, a few processors are holding stocks 
anticipating higher prices in the near future. Spot sales activity 
has been lower compared to the previous week. NDM usage for cheese 
fortification is active. Also, demand from the bakery sector is good. 
Sales to Mexico are lower this week. A few NDM manufacturers are 
clearing supplies from Q4 2015 at prices near to the bottom of the 
range. Moderate to heavy condensed skim loads are clearing into 
dryers. Consequently, low/medium heat nonfat dry milk production is 
steady to higher. Inventories are slightly higher. 

High heat nonfat dry milk f.o.b. spot prices are mixed on light 
trading. The bottom price of the range moved up, but the top price 
held steady. The market undertone is firm as supply is above current 
demand. Interest from bakers is active. Production is sporadic, based 
on contractual needs. Inventories are tight.

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .7825 -  .9300   MOSTLY:   .8500 - .9300      
HIGH HEAT:          .9350 - 1.0300    


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






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