MD_DA650                                                                        
DA                                                                              
MD DA650 Nonfat Dry Milk - Central and East                                     

MADISON, WI.  August 24, 2017 (REPORT 34)                                       

NONFAT DRY MILK - CENTRAL AND EAST                                              
                                                                                
CENTRAL: Low/medium heat nonfat dry milk (NDM) prices in the Central region 
remained steady on the range and mostly price series. Spot trading activity 
is reportedly light. Low/medium heat NDM inventories are available. 
Low/medium heat NDM production reports were mixed, as there is less milk in 
the region. Even so, low/medium heat NDM is the primary focus of dryer time. 
The low/medium heat NDM market undertone remains fairly steady. Some 
contacts feel that bearish news regarding global and domestic stocks have 
had a limited effect on NDM, and the market's reaction is a testament to the 
stability of low/medium heat NDM. High heat NDM prices slid on the bottom of 
the range and decreased on the top of the range. Spot sales of high heat NDM 
trended up again for the second consecutive week. Inventories of high heat 
are fairly light, as production remains focused on contractual needs. 
EAST: Prices in the East for low/medium heat nonfat dry milk (NDM) are 
steady on the range and mostly price series this week. Sales activity is 
steady to decreasing. Many traders and end users are bidding lower prices. 
Manufacturers are offering low/medium heat NDM at steady to lower prices, 
but a number of market participants are watching to see what happens to 
market conditions. With schools reopening, milk loads clearing into 
balancing operations have been lower. However, some plants took in more milk 
intakes this week than previous weeks. Low/medium heat NDM production is 
steady to decreasing. Inventories are readily available for contractual 
needs and spot market requests. The demand is fairly stagnate. High heat NDM 
prices declined on the bottom half of the range, based on current spot 
trading. Production mainly consists of drying for contractual needs. With 
minimal drying time allotted to high heat NDM, inventories are short. The 
market tone for high heat NDM is weak.  

F.O.B. CENTRAL/EAST:  Includes EXTRA GRADE and GRADE A                          
LOW/MEDIUM HEAT:   .8500 - .9400          MOSTLY:   .8700 - .9200               
HIGH HEAT:         .9800 - 1.0500                                               
                                                                                
1100CT Jessica.Mueller@ams.usda.gov 608.422.8605 
Israel.Weber@ams.usda.gov 608.422.8601 
USDA/AMS/Dairy Market News, Madison, Wisconsin 
Dairy Market News website: http://www.ams.usda.gov/market-news/dairyy
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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