MD_DA650 DA MD DA650 Nonfat Dry Milk - Central and East MADISON, WI. October 19, 2017 (REPORT 42) NONFAT DRY MILK - CENTRAL AND EAST CENTRAL: Low/medium heat nonfat dry milk (NDM) prices in the Central region have decreased on the range and mostly price series. Spot offers of low/medium heat NDM were numerous, but completed transactions were somewhat limited. Low/medium heat NDM inventories are abundant, and suppliers report NDM production is ongoing. The NDM market tone is weak. High heat NDM prices slightly decreased on the bottom of the range. Spot activity of high heat NDM remained fairly quiet, as inventories and production of high heat remain contractually based. EAST: Low/medium heat nonfat dry milk (NDM) prices have decreased on all four ends of the range and mostly price series this week. Spot sale trading activity is moderate. Spot sale prices have decreased and many market participants are actively bidding lower prices. Production is fairly steady and supplies are adequate for contract and spot demand. Some manufacturers report sending condensed skim to other processors, alleviating some of their loads into the plant. The interest is light to moderate as traders and brokers are buying low/medium heat NDM, but at prices in favor for the buyer. The market is currently weak. High heat NDM prices have slid down on the bottom of the range this week. The spot market is quiet as there are limited offers. A few manufacturers are taking time to dry high heat NDM. Stocks are adequate for customer requests, but are limited on the spot market. The market undertone for high heat NDM is steady as trading activity has been quiet. F.O.B. CENTRAL/EAST: Includes EXTRA GRADE and GRADE A LOW/MEDIUM HEAT: .7700 - .8800 MOSTLY: .8300 - .8700 HIGH HEAT: .9600 - 1.0500 1100CT Jessica.Mueller@usda.gov 608.422.8589 Israel.Weber@ams.usda.gov 608.422.8601 JenniferA.Hernandez@ams.usda.gov 608.422.8597 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- home