MD_DA640                                                         
DA                                                               
MD DA640 Nonfat Dry Milk - West                                  

MADISON, WI.  March 30, 2017 (REPORT 13)                         

NONFAT DRY MILK - WEST                                           

In the West, low/medium heat nonfat dry milk (NDM) f.o.b. spot prices 
are mixed on both the range and mostly price series. Price changes 
resulted from adjustments based on few spot sales and contract 
pricing indices. NDM spot trading activity has been very silent 
throughout the week as most of the sales are based on contractual 
requirements. At this point, the market undertone is uncertain. 
Several NDM customers have a wait and see approach, putting pressure 
on the market in order to get lower prices. Low/medium heat NDM 
production is ongoing, with some plant running at full capacity as 
farm milk intakes increase seasonally. As NDM inventories grow 
throughout the spring flush, producers are looking for NDM 
inventories to move continuously. Therefore, manufacturer's offers to 
traders and end-users are very active. However, as producers' offers 
remain at the upper end of the price range, interest is slight. 
NDM/SMP demand from Mexico is sluggish as SMP/NDM stocks are 
plentiful in this country. In the U.S., high heat NDM prices are 
mixed on light trading. Some manufacturers increased their high heat 
nonfat dry milk production this week. Supplies are adequate for 
contractual customer orders, but limited on the spot market.

F.O.B. WEST:  Includes EXTRA GRADE and GRADE A                   
LOW/MEDIUM HEAT:    .7525 -  .9000   MOSTLY:   .8150 - .8600      
HIGH HEAT:          .9250 - 1.1000                               




1100CT AJ Ter n
Angel.Teran@ams.usda.gov 608.422.8593
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