MD_DA650                                                                        
DA                                                                              
MD DA650 Nonfat Dry Milk - Central and East                                     

MADISON, WI.  September 21, 2017 (REPORT 38)                                    

NONFAT DRY MILK - CENTRAL AND EAST                                              
                                                                                
CENTRAL: Low/medium heat nonfat dry milk (NDM) prices in the Central region 
were steady on the range, but shifted lower on the top of the mostly price 
series. Spot market activity was fairly quiet, as producers suggest some end 
users/buyers are holding out for the possibility of subsiding prices. 
Low/medium heat NDM inventories are available. Low/medium heat NDM 
production is being cut back as dryer times are being shifted into other 
varieties. The low/medium heat NDM market tone is weakening. High heat NDM 
prices remained steady. Spot sale activity of high heat NDM mirrored 
low/medium heat and was quiet. Inventories and production of high heat NDM 
are currently based on contractual agreements, but expectations are that 
production will increase as the heavy baking season approaches. 
EAST: Prices for low/medium heat nonfat dry milk (NDM) in the East are 
unchanged on the range, but slipped down on the top of the mostly price 
series this week. Spot sale activities are steady as many market 
participants are purchasing regularly but at decreased prices. A number of 
traders and brokers are bidding for prices lower than the asking price. 
Manufacturers are clearing steady to lower milk volumes into balancing. 
Low/medium heat NDM production has decreased in many plants as milk intakes 
have decreased and some balancing plants are doing maintenance to their 
dryers. Inventories are adequate for contracts and spot loads. The demand is 
steady to lower as a handful of market participants are willing to hold off 
on purchases and see what happens to the price. The market undertone is 
softened. This week, high heat NDM prices are steady. There are limited spot 
loads on the market. Production is very limited. Inventories are slim to 
none in manufacturing operations. The market tone for high heat NDM is 
fairly stable.  

F.O.B. CENTRAL/EAST:  Includes EXTRA GRADE and GRADE A                          
LOW/MEDIUM HEAT:   .8400 - .9200          MOSTLY:   .8700 - .8900               
HIGH HEAT:         .9900 - 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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