MD_DA650                                                                        
DA                                                                              
MD DA650 Nonfat Dry Milk - Central and East                                     

MADISON, WI.  June 11, 2015 (REPORT 23)                                         


NONFAT DRY MILK - CENTRAL AND EAST                                              
                                                                                
CENTRAL: Nonfat dry milk price range moved lower while the mostly was 
steady to lower. The market tone is uneven. Spot sales are limited. 
Contacts note that there is interest but not at current pricing 
levels. Buyers and sellers are negotiating. Several manufacturers are 
running dryers at full capacity but are willing to make and store 
product if desired pricing is not attained. Export demand is weak as 
there continues to be a gap in domestic and international prices. 
High heat production is increasing as demand has also started to go 
higher. Prices are steady to lower.   
EAST:  Prices for low/medium nonfat dry milk have moved lower with 
spot prices.  Output continues to be seasonally strong, with milk 
volumes near peak levels.  By producing primarily low/medium heat, 
powder operations are efficiently reducing heavy volumes of condensed 
skim supplies.  Current production is adding to manufacturers' stock 
levels.  Contracted sales are satisfying seasonal interest.  Spot 
transactions remain limited.  The market is unsettled as buyers and 
sellers struggle to find a trading price point.  Some buyers are 
content to fill current needs with LTLs, while waiting for clearer 
market signals.  High heat nonfat prices are lower at the bottom of 
the range.  Stocks remain tight, in general.  High heat is being 
produced in the region this week.  

F.O.B. CENTRAL/EAST:  Includes EXTRA GRADE and GRADE A                          
LOW/MEDIUM HEAT:   .8925 - 1.0100         MOSTLY:   .9100 - .9700               
HIGH HEAT:         .9950 - 1.2500                                               


1100CT Daniel.Johnson@ams.usda.gov & Tara.Herbst@ams.usda.gov
USDA/AMS/Dairy Market News, Madison, Wisconsin 608.577.7000
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home