MD_DA650                                                                        
DA                                                                              
MD DA650 Nonfat Dry Milk - Central and East                                     

MADISON, WI.  November 22, 2016 (REPORT 47)                                     

NONFAT DRY MILK - CENTRAL AND EAST                                              
                                                                                
CENTRAL: Prices for low/medium nonfat dry milk in the Central region 
moved higher at the bottom of the mostly series, while unchanged at 
the top. Prices at the top of the range generally represent single 
loads of new production. Overall, low/medium heat nonfat dry milk 
production is steady to higher. Manufacturers' dryer operations are 
running at/near capacity. Inventories are growing. Spot trading is 
light this week, but contract shipments are moving as scheduled from 
most manufacturers. Inquiries from China are taking place. The NDM 
market undertone is steady to firm. High heat prices are steady to 
higher. As manufacturers focus on throughput this week, limited high 
heat processing is expected. Spot market availability is little to 
none. Demand is seasonally active.
EAST: Low/medium heat nonfat dry milk (NDM) prices in the East are 
steady to higher. Production is increasing this week as increasing 
condensed skim milk volumes clear to dryers. Interest is seasonally 
good as end-users secure product for yearend production schedules. 
Nonfat dry milk manufacturers are primarily fulfilling current 
contract obligations. High heat NDM production is intermittent. 
Prices inched higher at the bottom of the range. Buyers' demand is 
moderate. Tuesday at the CME Group, Grade A NDM trading closed at 
$0.9000, up $0.0075 from the previous Tuesday.

F.O.B. CENTRAL/EAST:  Includes EXTRA GRADE and GRADE A                          
LOW/MEDIUM HEAT:   .9000 -  .9800         MOSTLY:   .9025 - .9500               
HIGH HEAT:        1.0150 - 1.0900                                               

1400CT Daniel.Johnson@ams.usda.gov (608)557.7006
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