MD_DA650                                                                        
DA                                                                              
MD DA650 Nonfat Dry Milk - Central and East                                     

MADISON, WI.  August 31, 2017 (REPORT 35)                                       

NONFAT DRY MILK - CENTRAL AND EAST                                              
                                                                                
CENTRAL: Low/medium heat nonfat dry milk (NDM) prices in the Central region 
decreased on the top of the range and slipped on the top of the mostly price 
series. Spot trading activity was quiet, as producers report that buyers are 
exercising patience during the recent dip in prices. Low/medium heat NDM 
inventories are available. Low/medium heat NDM production reports vary by 
plant, but milk supplies have not declined enough to noticeably diminish 
fairly sufficient dryer time. The low/medium heat NDM market undertone is 
mixed, but some contacts suggest that relative steadiness throughout recent 
bearish news is a good sign for the near term. High heat NDM prices remained 
steady. Spot sale activity of high heat NDM echoed that of low/medium heat 
NDM and was fairly quiet. Inventories and production of high heat NDM are 
primarily based on contractual needs.  
EAST: In the East region, low/medium heat NDM prices slid down on the tops 
of both the range and mostly price series this week. Manufacturers are 
actively offering spot loads in the market. Spot sale pricing has been 
dipping recently as traders and brokers are bidding on loads at lower 
prices. Production is steady to decreased, as many manufacturing plants are 
taking in less milk volumes. Inventories are available and the demand is 
steady to sluggish. A number of market participants are purchasing spot 
loads regularly. However, many dairy individuals are not buying routinely 
and want to wait and see what happens to the price. The market tone is 
generally bearish as supplies overpower current demand. High heat NDM prices 
held steady this week. Spot trading is minimal as offers are currently 
infrequent. With low/medium heat NDM taking the majority of drying time, 
high heat NDM production has been quiet, although a couple of balancing 
plants recently dried high heat for contractual needs. Inventories are short 
to slightly increasing. The undertone for high heat NDM is steady with signs 
of the market firming in the near future.  

F.O.B. CENTRAL/EAST:  Includes EXTRA GRADE and GRADE A                          
LOW/MEDIUM HEAT:   .8500 - .9200          MOSTLY:   .8700 - .9150               
HIGH HEAT:         .9800 - 1.0500                                               
                                                                                
1100CT Jessica.Mueller@ams.usda.gov 608.422.8589 
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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