MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  November 22, 2016 (REPORT 47)                      

NONFAT DRY MILK - WEST                                           

Western nonfat dry milk low/medium heat (NDM) f.o.b. spot prices are 
mostly mixed, following changes on various indices. The market 
undertone is unsettled. Spot sales activity is light this week, but 
contract deliveries are moving as scheduled for most processors. At 
this point, production of low/medium NDM is steady. However, NDM 
processing rates are expected to be noticeably higher after the 
upcoming holiday as heavy volumes of condensed skim will be cleared 
into dryers. Some plant managers anticipate running operations at 
full capacity throughout the weekend. Inventories are steadily 
building. Western high heat NDM prices are unchanged on light 
trading. The demand for high heat NDM is fair to good, mainly 
sustained by end users' holiday baking needs. Production is sporadic. 
Inventories are adequate to cover contracts' requirements.

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .8450 -  .9600   MOSTLY:   .9300 - .9500      
HIGH HEAT:          .9650 - 1.0950                               
  

1430CT 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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