MD_DA650                                                                        
DA                                                                              
MD DA650 Nonfat Dry Milk - Central and East                                     

MADISON, WI.  April 02, 2015 (REPORT 13)                                        


NONFAT DRY MILK - CENTRAL AND EAST                                              
                                                                                
CENTRAL: Central low/medium heat nonfat dry milk prices moved lower. 
The market has been quiet this week as the CME Group prices have 
remained fairly steady through midweek. Low heat production is mixed 
as some manufacturers have elected to make other products with 
current intakes. NDM manufacturers would like to sell stocks on hand 
but are comfortable storing at current pricing levels. High heat 
prices are steady to higher this week as there was a limited 
availability of supply. Sales have increased this week. Currently, 
producers are meeting contract needs. Wednesday at the CME Group, 
Grade A NDM closed at $.9750, even with last Wednesday.

EAST:  NDM prices continue to drop in the region, as various indices 
moved lower.  Drying schedules are heavy to process the milk output.  
Loads are pressuring some plants' milk handling capabilities, with 
intake delays being reported.  Dryer production is centered on 
low/medium heat nonfat, as a mean to manage substantial condensed 
skim supplies.  Buyers in the domestic market are procuring NDM 
through a hand to mouth approach.  Demand is light to moderate.  
Export interest is active with noted blocks of purchases transferring 
to Mexico.  Inventory levels are moderate to heavy.  High heat nonfat 
prices are steady to higher.  Plants are drying high heat 
intermittently, but most shipments are current being made from 
inventory.  Stocks are considered light and very hard to find in the 
spot market.

F.O.B. CENTRAL/EAST:  Includes EXTRA GRADE and GRADE A                          
LOW/MEDIUM HEAT:   .9450 - 1.1000         MOSTLY:   .9900 - 1.0750              
HIGH HEAT:        1.0900 - 1.3000                                               

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: