MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  August 25, 2016 (REPORT 34)                        

NONFAT DRY MILK - WEST                                           


Western f.o.b. prices for low/medium heat nonfat dry milk (NDM) are mixed on 
the range, but higher on the mostly series. The market undertone is 
unsettled for some industry participants, but firmer for others. Some 
buyers/end users continue pushing manufacturers to drop prices. Meanwhile, 
some processors are holding stocks instead of selling, anticipating higher 
prices in the next few weeks. NDM usage for cheese fortification is active. 
Also, demands from bakers, cheese and dry mix manufacturers are fair to 
good. Trades to Mexico are more active compared to the previous week. 
Moderate condensed skim volumes continue clearing into NDM processing. NDM 
production is ongoing. Inventories are steady to slightly higher. F.O.B. 
spot prices for high heat nonfat dry milk are mixed. Interest from the 
bakery sector is good. Production is irregular, based on contractual 
requirements. High heat NDM supplies continue tightening. Therefore, spot 
trading activity is light. 

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .7925 - .9500   MOSTLY:   .8800 - .9200      
HIGH HEAT:          .9100 - 1.0425                               


1100CT Angel.Teran@ams.usda.gov 608-557-7006
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-
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