MD_DA650                                                                        
DA                                                                              
MD DA650 Nonfat Dry Milk - Central and East                                     

MADISON, WI.  July 16, 2015 (REPORT 28)                                         


NONFAT DRY MILK - CENTRAL AND EAST                                              
                                                                                
CENTRAL:  Low/medium heat nonfat dry milk prices moved lower this week. 
Some manufacturers are concerned that the lower pricing levels will 
continue longer than expected. Nonfat dry milk production is active as 
most manufacturers are foregoing other dry products and making NDM. 
Demand is poor as most buyers are waiting to see what the prices will do. 
Some manufacturers report that buying interest is there if the price is 
right and the product is what is desired. High heat nonfat dry milk 
prices were steady to lower. Production is intermittent. Demand is light 
for spot sales but contract obligations are being fulfilled.                         
EAST:  Low/medium heat nonfat dry milk prices declined in the range and 
mostly series as spot prices trend lower. Production of low/medium nonfat 
dry milk is mostly steady. Dryers continue to operate near capacity to 
process heavy condensed skim volumes. Demand is light to fair. Interest 
is expected to improve to Class III as seasonal declines in milk solids 
continue. Current strategies used in the market by buyers comprise hand-
to-mouth purchasing and delaying purchases while shopping for lowest 
available prices. Producers' stocks are noted as plentiful in the Eastern 
region. The market continues to weaken. High heat nonfat dry milk prices 
shifted significantly lower at the top of the range. A few processors 
were able to dry loads of high heat nonfat this week, however, drying 
activity remains sporadic. Inventories levels are light.

F.O.B. CENTRAL/EAST:  Includes EXTRA GRADE and GRADE A                          
LOW/MEDIUM HEAT:   .7500 - .9550          MOSTLY:   .8500 - .8900               
HIGH HEAT:         .9950 - 1.0800

1100CT Daniel.Johnson@ams.usda.gov & Tara.Herbst@ams.usda.gov 
USDA/AMS/Dairy Market News, Madison, Wisconsin 608.577.7006
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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