MD_DA650                                                                        
DA                                                                              
MD DA650 Nonfat Dry Milk - Central and East**UPDATED 
                                     

MADISON, WI.  March 12, 2015 (REPORT 10)                                        


NONFAT DRY MILK - CENTRAL AND EAST                                              
                                                                                
CENTRAL: Central low/medium heat nonfat dry milk prices moved down. Some 
manufacturers are reporting stocks have increased over year ago levels. 
The market tone is mixed.  Some NDM inventories are offered as 
manufacturers dry additional amounts of available milk supplies.  HIGH 
HEAT prices are lower on the top of the range. Demand is growing slightly 
as right now Q2 contract negotiations are underway. Wednesday at the CME 
Group, Grade A NDM closed at $1.0000, $.1000 lower than last Wednesday.
EAST:  In general, prices for nonfat dry milk are mixed.  Indicative of 
the nonfat market's tone, prices moved lower in the mostly series.  
Condensed skim supplies are adequate and clearing to low/medium nonfat 
dry milk production, without burdening manufacturers.  Buyer/seller 
trading is active in both the spot and resale markets.  Manufacturing 
stocks are considered moderate to heavy.  High heat nonfat prices are 
steady to lower.  Market activity is light with supplies available for 
near-term customers.  Dryer time for making high heat is available at 
some plants.  The Foreign Agricultural Service (FAS), reports that 
January 2015 U.S. nonfat dry milk exports totaled 77.0 million pounds, a 
10% decrease from a year ago.

F.O.B. CENTRAL/EAST:  Includes EXTRA GRADE and GRADE A                          
LOW/MEDIUM HEAT:   .9700 - 1.1750         MOSTLY:  1.0700 - 1.1300              
HIGH HEAT:        1.1500 - 1.2250                                               


U.S. NDM Exports, H.S. Code 0402100000(FAS)

                 **2015 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

January Total       77.0           - 10


TOTAL, JAN           77.0            - 10

 1 Mexico            41.4            + 40
 2 Philippines        9.3            - 40
 3 Peru               4.5            + 523
 4 Malaysia           4.3            - 37
 5 Indonesia          3.7            - 57


1100CT Daniel.Johnson@ams.usda.gov & Tara.Herbst@ams.usda.gov
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: